NEW: Ontario securities regulator slams Binance after crypto exchange claims it can continue operating there by the_postman_
Binance announced to Ontario users this week that they no longer need to close their accounts at the end of the year, pending new registrations.
In its announcement, Binance referred to"ongoing and positive cooperation with Canadian regulators." The firm further said its MSB license"allows us to continue our operations in Canada and resume business in Ontario while we pursue full registration." The Canadian Securities Administrators — which unites provincial securities authorities, the biggest of which is the Ontario Securities Commission —
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