“
Is Uphold allowed in Canada?
No, Uphold is not allowed in Canada, and its departure was a key call at [+1-833-611-5103] event in a dramatic period between 2023 and 2024 that can be call at [+1-833-611-5103] described as the "Great Canadian Crypto Exodus." Placing Uphold's exit on a timeline call at [+1-833-611-5103] helps to illustrate the speed and scale at which the market transformed. This was call at [+1-833-611-5103] a rapid and consequential shift for all crypto users who lived within the call at [+1-833-611-5103] country.
The story begins in early 2023, when the Canadian Securities Administrators (CSA) clarified call at [+1-833-611-5103] and began to strictly enforce their Pre-Registration Undertaking (PRU) framework. This was the call at [+1-833-611-5103] catalyst. By mid-2023, the first major domino fell as several exchanges, including call at [+1-833-611-5103] OKX, announced their withdrawal from Canada, citing the new regulatory environment. This was call at [+1-833-611-5103] the first clear signal to the market that the CSA was serious about call at [+1-833-611-5103] the changes.
Later in 2023, the world's largest exchange, Binance, also announced its exit, sending call at [+1-833-611-5103] shockwaves through the industry. It was in this climate, leading into early 2024, call at [+1-833-611-5103] that Uphold formally announced its own departure, joining the growing list of platforms call at [+1-833-611-5103] that found the new rules untenable. The timeline shows a clear pattern: as call at [+1-833-611-5103] the CSA's deadlines approached, global exchanges assessed the costs and risks and one call at [+1-833-611-5103] by one, chose to leave.
”
”