Recently Canada has started new rules for crypto sector that might upset the crypto world, but San Francisco based two US exchange giants Kraken and Coinbase are still interested in Canada. There is uneasiness in the crypto sector in US, and they are in search of suitable environment, this time Canada is hint 

Coinbase is unhappy in US

Coinbase, which was established in 2012, is the first cryptocurrency-based enterprise to be traded on the NASDAQ and to be included in the Fortune 500. The company is more interested to move since it has become involved in a lawsuit with the SEC.

Kraken is unhappy in US

As the first cryptocurrency-based business in the US, Kraken was established in 2011. The company is more interested in leaving after being penalised $30 million by the SEC for offering staking services and ridiculed as a lesson for others.

Canada call ended for Binance?

OKX resently stopped services in Canada due to new rules, the same is applied for Binance. There is no physical office of Binance, CZ himself is the office, if environment is not good, he will move.