OSC investigating crypto exchange Binance despite Canadian exi | DeCenter – Blockchain and Bitcoin

OSC investigating crypto exchange Binance despite Canadian exit

Weeks after global crypto giant Binance announced it was pulling out of Canada because it didn’t agree with new rules put in place by the country’s regulators, a document published the Ontario Securities Commission shows Canada’s largest watchdog is investigating the crypto platform’s conduct in this country.

Documents filed by Binance and published by the regulator May 30 show the OSC is attempting to use its powers, including summons, to compel the production of documents and data from Binance and potentially third parties.

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