🚀 **Canadian Crypto Platforms Racing Against the Clock!**
- Canadian crypto trading platforms (CTPs) are in a mad dash to finalize their paperwork and become full-fledged investment dealers under the Canadian Investment Regulatory Organization (CIRO).
- Since March 2021, CTPs operated as restricted dealers. Now, the grace period is ending, and it's time to join the big leagues!
- New CTPs won't get an interim period, so get those applications in, folks!
- Coinsquare led the charge, becoming the first CTP to gain CIRO membership in October 2022.
- Some exchanges like Kraken and Gemini are embracing the new rules, while others like Binance are saying "au revoir" to Canada.
Stay tuned for more crypto adventures! 🌐