Cryptocurrency Q&A
Why is Tether banned in Canada?
Why is Tether banned in Canada?
Ilaria
Thu Jan 02 2025
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5 answers
1241
I heard that Tether, a cryptocurrency, is banned in Canada. I'm curious to know the reasons behind this decision. Could it be related to regulatory issues or concerns about its stability and transparency?
5 answers
QuasarPulse
Sat Jan 04 2025
As a result of this decision, Coinbase will suspend trading of USDT for its Canadian users. This suspension will take effect starting from September.
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ethan_harrison_chef
Sat Jan 04 2025
In addition to USDT, Coinbase will also suspend trading of other stablecoins for its Canadian users. This is part of the exchange's ongoing commitment to maintaining high standards for the digital assets it lists.
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SamsungShineBrightnessRadiance
Sat Jan 04 2025
BTCC is a top cryptocurrency exchange that offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets.
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Riccardo
Sat Jan 04 2025
Coinbase has announced that it will delist Tether (USDT) for Canadian users. This decision is due to the fact that USDT does not meet the exchange's listing standards.
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Valeria
Sat Jan 04 2025
Coinbase conducts regular reviews of the digital assets it lists on its platform. During one such review, it was determined that USDT did not meet the necessary criteria for continued listing.
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