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European crypto exchange Bitstamp is leaving the Canadian market, saying it will discontinue its services in Canada starting January 2024. Cryptocurrency exchange Bitstamp is withdrawing from Canada starting January 2024 as the country imposed stricter rules on crypto companies. In a commentary to media on Oct. 10, Bitstamp’s U.S. CEO Bobby Zagotta said the exchange will discontinue offering services in Canada “starting Jan. 8, 2024.” While the exact reason for the exit is unknown, Zagotta noted it was “not a decision we took lightly.” “We hope to be able to serve Canada again at some point in the future.” Bobby Zagotta, Bitstamp’s U.S. CEO Bitstamp has become the latest crypto trading platform to leave Canada, following other companies such as Binance, Paxos, DyDx, Bybit, and OKX. The exodus comes after the Canadian Securities Administrators (CSA) set a deadline for crypto businesses to register with the local regulators. Yo...

The exchanges are yet to finalize a potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price. Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions with fellow Canadian crypto exchange Coinsquare for a possible merger. In a statement on Jan. 12, WonderFi responded to a Bloomberg report suggesting the two exchange s were in "advanced merger talks " to "create a Canadian crypto giant." WonderFi clarified that the discussions were "preliminary" at this stage, adding that it cannot guarantee that an agreement will be reached. Cast your vote now! "In response to the press speculation, the Company acknowledges that it has held preliminary discussions with various third parties with respect to both potential acquisitions and the Company being acquired, which is consistent with past practice and the Company...