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Bybit follows Binance in departure from Canadian market
Bybit has become the latest crypto exchange to depart the Canadian market, with the company following in Binance's footsteps in the wake of regulatory developments. "Bybit has made the difficult but necessary decision to pause the availability of our products and services," the company said in a Tuesday blog post. "It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations in Canada." The company, which cited the regulatory environment in the country, said it would stop accepting account opening applications by any identified Canadian residents and ... (full story)