It was OKX before, now Binance will stop providing exchange services to Canadians. It is because Binance is not able to meet the new regulatory policy concerning stable coins.
This is bad, as far as I know in Canada Legality or crypto exchanges are generally legal there, even though there are several statutory policies that have been determined by the Canadian government regarding crypto exchanges operating there. Binance is one of the exchanges that is well received by the Canadian community in general.
Besides Binance there are several other exchanges operating in Canada that are well received, such as BitBuy, Kraker, KuCoin and others, I wonder whether other exchanges like I mentioned will follow in Binance's footsteps too, due to the regulatory policies carried out by the Canadian government. .....!
As I saw in one of the sources, Binance is still looking for the best solution in Canada.
Binance added they did not agree with the new regulations but still hoped to work with Canadian regulators to further develop the regulatory framework around cryptocurrencies.
Remembering and considering the policies conveyed by CZ against Canadian citizens.
Changpeng Zhao (CZ) is a Canadian citizen. So that Binance's exit from Canada is considered a sentimental thing.