Cryptocurrency exchange Crypto.com will delist USDT and USDT trading pairs on its app and platform for residents in Canada on Jan. 31 at 06:00 UTC, according to an email shared with the users of the jurisdiction.
crypto dot com to delist USDT pic.twitter.com/3KD0gJlMkE
— chortly (@charlestrussel) January 10, 2023
The firm has urged Canadian users to review their USDT balances, as Crypto.com will suspend all USDT transactions after the above-mentioned date.
Crypto.com has also announced that it will cancel all USDT spot orders and won’t credit any USDT deposited in the crypto.com wallet after January 31. However, any remaining USDT balances would be converted to USDC.
A spokesperson at Crypto.com responded to CryptoSlate’s queries regarding the delisting by stating that the recent move followed instructions from the Ontario Securities Commission under the terms of its registration undertaking for a restricted dealer license.
This comes after the Canadian Securities Administrator
We współpracy z: https://cryptoslate.com/crypto-com-to-delist-usdt-for-canadians/
