As Canada tightens rules for cryptocurrency exchanges, Coinbase is discussing the appropriate license to continue operating there, while Binance may exit. Firms had until March 24 to commit to the tightened rules, which include the segregation of assets held in custody and tighter rules for certain trades. Crypto.com plans to stay in Canada, Deribit is leaving, and Kraken is expected to announce its decision soon. Earlier this month, OKEx announced its departure from Canada, while Blockchain.com confirmed it is leaving.
