The leading cryptocurrency exchange Binance has recently updated its terms of use. The Canadian users of Binance are stun after Binance issued the statement. Binance stated that they have updated its Terms of Use to provide that Ontario (Canada) has become a restricted jurisdiction, effective 2021-06-26 at 3:59:59 AM (UTC). As a result, Binance can no longer continue its services for Ontario-based users. Binance has asked Ontario-based users to close out all active positions by December 31, 2021.