Crypto change Bybit exits Canada, citing ‘latest regulatory improvement’

Cryptocurrency change Bybit has introduced will probably be pausing its services and products to residents and nationals of Canada following sure developments within the regulatory area.

In a Could 30 weblog put up, Bybit stated it won’t settle for account opening purposes from Canadians beginning on Could 31. Present customers of the crypto change can have till July 31 to make deposits and “improve any of their present positions” earlier than these companies are phased out, with different positions liquidated after Sept. 30.

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