Blockchain The leading decentralized derivatives trading platform in its history dYdXnow, in the statement he made minutes ago, in Canada announced that it will not serve its customers.
Sharing the decision via a blog post, dYdX officials admitted that the decision was disturbing and apologized to its users. According to the announcement, users residing in Canada are as of 7 April 17:00 (UTC). DEX will not be able to open a new account on the platform.
Canadian users who are already trading on the stock market will have the right to continue their transactions until April 14. The authorities assured that they will give the citizens time to close their required positions and will have the opportunity to withdraw their money from the platform at any time.
dYdX developers finally announced their decision to remove Canadian citizens from the platform as follows:
“dYdX is working to provide transparency on product decisions and facilitate access to financial opportunities. But the regulatory approach in Canada prevents us from serving its citizens.”
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