EnchantedSoul
Fri Jul 12 2024
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5 answers
1068
What happens if a crypto exchange withdraws from Canada?
In light of the recent regulatory scrutiny and market volatility, I'm curious to know: What are the potential implications if a major cryptocurrency exchange decides to withdraw its services from Canada? Would this impact the accessibility of digital currencies for Canadian investors? Could it lead to a decline in liquidity or trading volumes on domestic exchanges? Furthermore, would such a move influence the regulatory landscape in Canada, prompting tighter regulations or even the emergence of new exchanges? Understanding these potential outcomes is crucial for investors and regulators alike.
