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Pamela Draper, president and CEO of crypto platform Bitvo, has weighed in on firms escaping the Canadian market amid the regulatory environment.Speaking to Cointelegraph at the Collision Conference in Toronto on June 29, Draper said despite crypto companies like Binance, dYdX, and Bybit announcing their departure from Canada in 2023,
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The Canadian cryptocurrency exchange Bitvo has terminated its expected acquisition agreement with FTX to continue operating independently.Bitvo’s shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading in accordance with the agreement terms, Bitvo announced on Nov. 15.The firm emphasized that its operations have not been
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Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo.In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its products and services to Canadia-based users. The company added that the deal was
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FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year. Source
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