The world’s largest crypto-trading platform has included a proposal to create a separate platform for Canadian users as a way to follow certain rules while it works toward becoming a licensed restricted dealer with Canadian securities regulators, according to a Friday release. (The Logic)

Talking point: With its proposed Canadian platform, Binance is following its same playbook for its Binance.US platform, which offers restricted services to American users to satisfy regulators in that country. (U.S. regulators and lawmakers have not always been satisfied.) Binance has a checkered history with Canadian regulators as well, making a legally binding commitment to withdraw its services from Ontario last year. Rather than exiting the country entirely, however, Binance collaborated with Alberta government officials and set up its Canadian headquarters in Calgary. Binance joins competitors Coinbase and Kraken, which also announced they have signed agreements to work with regulators to remain in Canada this week.