Bybit exits Canadian market, following in Binance's footsteps
The move mirrors that of Binance, the world's largest crypto exchange, in terms of leaving Canada.
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The move mirrors that of Binance, the world's largest crypto exchange, in terms of leaving Canada.
This latest approval highlights Bybit's continued commitment to expanding its presence in emerging and dynamic markets.
FTX founder SBF faces eight criminal charges, ranging from fraud to conspiracy to commit money laundering, in connection with the collapse of his once-dominant exchange.
Bybit and Swyftx are the latest victims of the spreading crypto contagion, with both firms announcing job cuts in the wake of FTX collapse.“
Bybit is the latest crypto exchange to slash a sizeable portion of its workforce.
Huobi and Bybit have publicly provided their proof of reserves to assure investors.
FTX’s collapse has significantly damaged both the crypto and broader financial ecosystems.
"Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions," said the OSC.
The function enables users to speculate on future prices of cryptos and settle their trades using USDC.