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Breaking: Coinbase to suspend USDT trading for Canadian users
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Cryptocurrency exchange Coinbase will suspend trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users beginning August 31.
In an August 17 email notice to users, Coinbase said that "we regularly monitor the assets on our exchange to ensure they meet our listing standards," and based on its review, trading of the aforementioned stablecoins will no longer be available to Canadian users starting September.
However, Canadian users can still deposit and withdraw the stablecoins after the proposed deadline. In a statement, the exchange wrote:
This is a breaking news story, and further information will be added as it becomes available.
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