Cryptocurrency News

Ontario crypto exchanges impose $30K annual limit on altcoin buys

08/18/2022

Less than a minute

2022.08.18 10:42

Ontario crypto exchanges impose $30K annual limit on altcoin buys

Canada-based crypto exchanges Bitbuy and Newton are enforcing a $30,000 (CAD) annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid tightened regulations.

Newton, a Toronto-based crypto exchange announced the new changes come after working on getting registered with the Ontario Securities Commission and the securities regulatory authorities in other provinces and territories of Canada, noting in an Aug. 16 post:

08/18/2022

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