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Binance Canada Files Pre-Registration Undertaking to Canadian Regulators

March 31, 2023 by Fintech Newsdesk Leave a Comment

The world’s largest crypto-trading platform announced today that it has filed a Pre-Registration Undertaking (PRU) with its principal regulator, the Alberta Securities Commission, as well as with the other members of the Canadian Securities Administrators (CSA).

Binance Canada intends to create a separate platform specifically for Canadian users.

Currently under review by the CSA, the PRU outlines how Binance Canada intends to operate, including its management and custody of user assets, user protection measures, compliance obligations, and other operational matters.

The PRU also details Binance’s financial and operational obligations, including measures taken to ensure sufficient user fund protection and security.

Filed Under: News Tagged With: Binance

 
 

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