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Paxos set to withdraw from Canada amid regulatory uncertainty

The company released a statement on its website informing customers that they will no longer be able to transact from their Paxos accounts starting from June 2nd, except for withdrawing their funds. The move comes as Paxos continues to assess “its readiness to re-enter the Canadian market in cooperation with the Ontario Securities Commission (OSC) at a future date.”

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Source: Cryptocurrency - investing.com

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