Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts

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Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
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.Bitfinex has told its customers in Ontario, Canada to close their accounts by March 1. The exchange did not give a reason for the move. mikeybellusci reports

Bitfinex told its Ontario customers they should withdraw their funds on or before March 1.

Beginning today, customers without account balances will have their accounts closed. Those without open positions on the exchange’s peer-to-peer financing markets will lose access to those markets. And customers without open margin positions will also no longer have access to margin or borrowing.still wasn’t registered in the province

after the exchange told customers it was reversing an earlier decision to suspend their accounts. Binance later said there had been a “miscommunication” during the process, and that “it is our top priority to speak to the Ontario Securities Commission and will seek to remedy this misunderstanding as soon as possible.

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