Closing Time: Why Is Gemini Pulling The Plug On Canadian Crypto Accounts?

Gemini, the prominent American cryptocurrency exchange, has made a significant announcement that’s sending ripples through the Canadian crypto community. Users will have a very short 90 days to request a withdrawal due to this move.

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Gemini to exit Canadian market by end of 2024 amid regulatory shifts

Crypto exchange Gemini has announced plans to cease operations in Canada by the end of 2024, according to a Sept. 30 email sent to its customers.
The email stated:

“Effective December 31, 2024, Gemini will close all customer accounts in Canada with limited exceptions.

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