Reflex

Coin

<ul class="news-points"> 
 <li><strong>Coinbase suspends RAI, DAI, and USDT for its Canadian users.</strong></li> 
 <li><strong>The stablecoins are apparently not meeting Coinbase’s listing standards.</strong></li> 
 <li><strong>Coinbase recently launched new services for users in Canada.</strong></li> 
</ul> 
<p>In a recent email, crypto exchange <a href="https://coinedition.com/tag/coinbase-news/" rel="noopener noreferrer nofollow">Coinbase</a> notified its Canadian users that it is suspending trading for RAI Reflex Index (RAI), Dai (DAI), and Tether (USDT), effective August 31. The exchange indicated that the abovementioned crypto failed to meet Coinbase’s “listing standards.”</p> 
<p>Coinbase is not the first exchange to succumb to Canadian crypto regulations. Back in May, leading crypto exchange, Binance tweeted that it was exiting the Canadian marketplace, citing “new guidance related to stablecoins and investor limits.”</p> 
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   <p lang="en" dir="ltr">Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace.<br><br>We would like to thank those regulators who worked with us collaboratively to address the needs of Canadian users.…</p>— Binance (@binance) <a href="https://twitter.com/binance/status/1657099651210969088?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 12, 2023</a> 
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<p>Similarly, back in January, an email from Crypto.com alerted its Canadian customers that it will delist USDT by the end of the…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/coinbase-suspends-trading-of-three-major-stablecoins-in-canada/">Coinbase Suspends Trading of Three Major Stablecoins in Canada</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Coinbase Suspends Trading of Three Major Stablecoins in Canada

Coin Edition

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