{"id":75882,"date":"2023-03-20T19:17:03","date_gmt":"2023-03-20T17:17:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75882"},"modified":"2025-09-10T14:09:17","modified_gmt":"2025-09-10T11:09:17","slug":"okx-to-halt-services-for-canadian-customers","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/okx-to-halt-services-for-canadian-customers\/","title":{"rendered":"OKX to halt services for Canadian customers"},"content":{"rendered":"

On 24 March 2023, OKX will cease providing services to Canadian users and close registrations for new accounts in response to “new rules.” The information comes from Cointelegraph<\/a> citing an email from the bitcoin exchange.<\/p>\n

According to the notice, clients must close positions by June 22. All funds must also be withdrawn by the specified date.<\/p>\n

\"OKX
Letter from OKX sent to Canadian users. Source: Cointelegraph.<\/figcaption><\/figure>\n
\n

“Funds will remain secure on your account until you withdraw them,” clarified the exchange representatives.<\/p>\n<\/blockquote>\n

They added that the measure is temporary, and the company \u201cis working with regulators to resolve this issue.\u201d<\/p>\n

In early 2022, OKEx changed its name<\/a> to OKX, to underscore its commitment to developing the crypto industry and the Web3 ecosystem Web3<\/a>.<\/p>\n

In August, the Ontario Securities Commission said there had been a violation<\/a> by the bitcoin exchange operator of local securities law.<\/p>\n

Earlier, the regulator fined<\/a> Bybit and ordered Ku\u0421oin to cease operations. Binance and<\/a> Bitfinex<\/a> announced their decision to discontinue servicing residents of the province.<\/p>\n

In December, CSA<\/span> warned<\/a> of tighter requirements on crypto firms after the FTX collapse<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

On 24 March 2023, OKX will cease providing services to Canadian users and close registrations for new accounts in response to ‘new rules’. Cointelegraph reports, citing an email from the bitcoin exchange.<\/p>\n","protected":false},"author":1,"featured_media":75883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[771,1291],"class_list":["post-75882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-canada","tag-okx"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=75882"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75882\/revisions"}],"predecessor-version":[{"id":75884,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75882\/revisions\/75884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/75883"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=75882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=75882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=75882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}