Is Binance not allowed in Ontario?

I'm a bit confused about the regulations surrounding Binance in Ontario. I've heard different things from different sources, and I'm not sure what the truth is. Is Binance actually allowed to operate in Ontario, or is it considered illegal? If it's not allowed, what are the consequences for using it? And if it is allowed, are there any specific rules or regulations that need to be followed? I'd really appreciate it if you could clear this up for me. Thank you!