![]() ![]() Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Risk Disclaimers This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. ![]() Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. ![]() When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. Important Disclaimers The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. Monahan is a former U.S government cybercrime expert. In its commitment on the regulatory front, Binance hired Greg Monahan in August in a bid to iron out issues with regulators. Binance highlights its commitment to continue to work with regulators globally and responsibly to support growth and innovation across the industry. Binance and its Regulatory CommitmentĪccording to a Binance blog, Binance recognizes the range of responsibilities to become the industry leader. Binance had previously committed to not allowing new transactions involving Ontario residents after 31 st December, 2021. According to the report, the OSC stated “Binance has issued a notice to its users, without any notification to the OSC, rescinding this commitment. ![]() Binance reportedly stated that there had been a “miscommunication” in its earlier announcement.Ĭomments from the OSC suggest that Binance may find it a challenge to resolve its Ontario woes any time soon. Additionally, the OSC will continue to ban Binance from marketing its services to Ontario-based users.Ī meeting with the Ontario Securities Commission took place following Binance’s announcement in the week on continuing its operations in Ontario. According to the report, Ontario users are not permitted to trade and are prohibited from opening new accounts. This morning, it was reported that OSC restrictions on Binance Ontario users will remain in place. Back in June, Binance had reportedly announced plans to cease operations in Canada’s Ontario province.Ģ022 does not appear to have put Binance in the favorable eyes of regulators, however. The global crypto-exchange had told its users that “it would continue to operate in Ontario after coming to an agreement with the local regulatory agency”. Last week, news had hit the wires of Binance cooperating with regulators to continue operating in Ontario, Canada. Binance and Ontario Canada’s Securities Commission (OSC) ![]()
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