Bitstamp, a cryptocurrency exchange, has announced that it will be discontinuing its services to customers in Canada starting from January 8, 2024. The decision was initially communicated to Canadian customers in March and CEO Bobby Zagotta expressed the company’s gratitude towards its Canadian customers, emphasizing that this was not an easy decision. Bitstamp has also expressed its hope to return to the Canadian market in the future. The reasons behind the withdrawal from the Canadian market are unclear. Bitstamp is the latest exchange to withdraw from Canada, following Binance and Bybit. Prior to this, OKX, Paxos, and DYDX had also left earlier in the year. Canadian customers are advised to follow the provided instructions to withdraw their funds and deactivate their accounts before the deadline.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries	🇨🇦
Sentiment	neutral
Relevance Score	0
People	Bobby Zagotta
Companies	DYDX, Bybit, Bitstamp, Binance, Paxos, OKX
Currencies	Ethereum
Securities	None