Global cryptocurrency exchange Binance has scored a money services business license in Canada, based on a filing with the Financial Transactions and Reports Analysis Centre.

  • The license was given to Binance Canada Capital Markets Inc., operating under the trade names of Binance and Binance Canada, with its main location in Calgary, Canada.
  • Incorporated on December 1, 2021, the jurisdiction of incorporation is fully covered in Canada. The license registration was dated December 24, 2021, and is set to last three years before it expires on December 31, 2024.
  • Binance Chief Executive Officer Changpeng Zhao took to Twitter to confirm the development, sharing the link of the registration with the FINTRAC. BNB is up 0.98%.