Gemini, the crypto exchange founded by the Winklevoss brothers, will close all client accounts in Canada by the end of 2024.
- In a letter dated September 30, Gemini notified Canadian users that they would be closing their accounts by December 31 and gave them 90 days to withdraw their assets.
- The decision is due to new regulations introduced by Canadian financial authorities.
- Other major exchanges such as OKX, dYdX, Paxos, Bybit, and Binance are also leaving the Canadian market.
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