Krypto exchange Bitfinex hires the service for customers in Ontario and asks the users to withdraw money-
Krypto exchange Bitfinex hires the service for customers in Ontario and asks the users to withdraw money-
The Bitfinex cryptocurrency exchange has asked its users in Ontario to withdraw their funds, since they will no longer have access to the services offered by Bitfinex in March.
Bitfinex hires the provision of services for customers in Ontario
The Bitfinex crypto exchange announced on Friday that it will make changes to the services that she offers customers in Ontario.
With immediate effect, the company said that "ONTARIO customers who have no credit on the platform are closed.
In addition, those who have no open positions in the Peer-to-Peer-financing markets of the platform no longer have access to these markets. "Ontario customers who have no open margin positions or" borrowing "positions in our peer-to-peer financing markets will no longer have access to open margin positions or will participate in borrowing", the company continued and added:
From March 1, 2022, customers from Ontario have no more access to any service.
"In addition, customers from Ontario should take off the money from Bitfinex on or before March 1, 2022," advised the stock exchange.
The Ontario Securities Commission (OSC) is hard against non-registered crypto exchanges.
The Canadian regulatory authority recently convicted Binance for unauthorized operation. "No company in the bony group has any form of securities registration in Ontario", according to the OSC emphasizes . "This means that you are not justified to offer the trade in derivatives or securities for people or companies based in the province."
What do you think about the withdrawal of Bitfinex from the cryptom market in Ontario? Let us know in the comment area below.
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