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Blockchain Financial Services Firm Paxos Sets Withdrawal From Canada

While the posting doesn’t mention boosted regulatory efforts, Canada did set a March 24 deadline for entities to commit to stricter requirements for crypto exchanges with a presence in the country. Some exchanges, including Coinbase and Gemini, have said they will remain active in Canada, while others like OKX, dYdX and now Paxos, have decided to depart.

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