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Coinbase will temporarily suspend USDT, DAI, and RAI stablecoin trading for Canadian users.
2023-08-17 16:58:12
Odaily News: Coinbase will temporarily suspend the trading of Tether (USDT), DAI, and RAI stablecoins for Canadian users starting from August 31. After the deadline, users will still be able to deposit and withdraw, but trading will be paused.



In an email notification sent to users on August 17, Coinbase stated, "We regularly monitor the assets on our trading platform to ensure they meet our listing standards." According to their review, Canadian users will no longer be able to trade the aforementioned stablecoins starting from September.



Coinbase issued a statement that Coinbase Canada, Inc. has submitted a registration application in certain jurisdictions in Canada but has not yet been registered. Until Coinbase Canada, Inc. is registered, users agree to comply with the commitment terms. (Cointelegraph)