It's always unfortunate to see any business withdraw from a particular market, and this news about Binance leaving the Canadian market is no exception. However, we must also remember that companies need to make decisions that are in their best interests.
Binance seems to have made this choice proactively and due to the regulatory landscape in Canada becoming more restrictive. While it may be difficult for remaining Canadian users, it's important that we remember there are many platforms available on which individuals can trade cryptocurrencies.
Naturally, Canadians deserve a comprehensive regulatory framework they can trust when transacting with digital assets. Hopefully, regulators will work toward creating an environment that both consumers and businesses find reasonable so companies like Binance can someday return providing access for its hundreds of thousands of users in Canada again.