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Coinbase Halts Stablecoin Trading for Canadians Due to Regulation!

August 18, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Writer: Mustafa Mulla Aug 18, 2023 10:12

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

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Coinbase, a number one cryptocurrency trade, will now not help buying and selling on three stablecoins—USDT, DAI, and RAI—for Canadian customers. The trade has knowledgeable its prospects that they will be unable to commerce in these stablecoins after the top of this month. The choice has been taken because of regulatory compliance points. Canadian customers have been suggested to transform their holdings in these cash to different cryptocurrencies or transfer them to a special trade that helps these belongings. Coinbase has assured its prospects that common buying and selling in different cryptocurrencies will stay unaffected.

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Tags: CanadiansCoinbaseDueHaltsRegulationStablecoinTrading
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