Binance Pulls Out of Canada Amid Tightened Crypto Regulations

Binance Pulls Out of Canada Amid Tightened Crypto Regulations

Binance said on Friday it was withdrawing from Canada, weeks after the country issued a series of new guidelines for cryptocurrency exchanges including investor limits and mandatory registrations. Canada has tightened regulations for crypto asset trading platforms in recent months, with the introduction of a pre-registration process. The companies that…

Russia to Improve Crypto Transaction Monitoring as Regulation Draws Closer, Says Rosfinmonitoring

Russia to Improve Crypto Transaction Monitoring as Regulation Draws Closer, Says Rosfinmonitoring

Russia’s financial monitoring agency, Rosfinmonitoring, said on Friday it was using software to track cryptocurrency transactions and hopes to improve its capabilities, as Moscow ushers in regulation on what one lawmaker dubbed “cryptomania”. The Bank of Russia has long voiced scepticism over cryptocurrencies, citing financial stability concerns, and has advocated…