Another crypto company came into Canadian regulatory crosshairs this week as Binance,regulators cracked down on the serviceIn a release, the company told users late last week that Canada’s most populous province would now become a restricted jurisdiction following an investigation by the Ontario Securities Commission . The company further urged users to close out of their positions by Dec. 31.
Binance isn’t alone in this crypto crackdown: The OSC also issued non-compliance allegations against Asia-based Bybit Fintech, accusing it of operating an unregistered crypto trading platform within the province. San Francisco-based Poloniex and KuCoin, located in Seychelles, were two other exchanges hit with notices after the OSC warned in late March that crypto platforms had an April 19 deadline to contact the regulator with how they plan to bring their operations into compliance.
“Over the course of the last year, we’ve seen first-hand the stark inequality present in the public education system,” said IVP general partner Tom Loverro in a statement. “The stakes have never been higher for the many kids being left academically behind. It’s devastating to kids, their parents, their communities, and our nation’s future.”Article content
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