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Coinbase Responds to Canadian Regulations: Suspends USDT, DAI, and RAI Stablecoins
The US-based cryptocurrency exchange, Coinbase has announced its decision to halt trading of prominent stablecoins, namely Tether (USDT), Dai (DAI), and RAI Reflex Index (RAI), for its Canadian users starting from the end of this month. This significant step was reportedly taken by the company in response to regulatory changes in the country.Coinbase noted in an email sent to users yesterday (Thursday) that the suspension of trading for USDT, DAI, and RAI is a result of its ongoing assessment of...
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Content Topics
Coinbase
Responds
Canadian
Regulations
Suspends
Usdt
Dai
Regulations
Stablecoins
Forex
Posted: Aug 18 2023, 07:33
Author Name: financemagnates
Views: 111856