Cryptocurrency Q&A Why did Gemini close a cryptocurrency account in Canada?

Why did Gemini close a cryptocurrency account in Canada?

Daniele Daniele Mon Feb 24 2025 | 6 answers 1405
I had a cryptocurrency account with Gemini in Canada, but recently they closed my account. I want to know the reason why they did this, as I haven't violated any terms or conditions. Why did Gemini close a cryptocurrency account in Canada?

6 answers

Elena Elena Wed Feb 26 2025
The guidelines, introduced several months ago, were designed to ensure that these platforms adhere to strict standards of compliance and transparency.

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EthereumEmpireGuard EthereumEmpireGuard Wed Feb 26 2025
As a result of these regulations, Gemini has announced that it will cease operations in Canada, effective December 31, 2021.

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SsangyongSpiritedStrengthCourageBravery SsangyongSpiritedStrengthCourageBravery Wed Feb 26 2025
Gemini's recent decision marks a significant shift in its Canadian operations.

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DigitalBaron DigitalBaron Wed Feb 26 2025
The exchange will close all customer accounts in the country, with only limited exceptions being made.

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LitecoinLodestar LitecoinLodestar Wed Feb 26 2025
This move follows the issuance of comprehensive guidelines by Canadian financial regulators aimed at cryptocurrency exchanges and trading platforms operating within the country.

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