Coinbase Halts Stablecoin Trading for Canadians Due to Regulation!

The post Coinbase Halts Stablecoin Trading for Canadians Due to Regulation! appeared first on Coinpedia Fintech News

Coinbase, a leading cryptocurrency exchange, will no longer support trading on three stablecoins—USDT, DAI, and RAI—for Canadian users. The exchange has informed its customers that they will not be able to trade in these stablecoins after the end of this month. The decision has been taken due to regulatory compliance issues. Canadian users have been advised to convert their holdings in these coins to other cryptocurrencies or move them to a different exchange that supports these assets. Coinbase has assured its customers that regular trading in other cryptocurrencies will remain unaffected.