CryptoUSDT, DAI, WBTC, WETH and WAXL trading suspended in Canada by Kraken

USDT, DAI, WBTC, WETH and WAXL trading suspended in Canada by Kraken

Kraken will suspend all transactions related to Tether (USDT), Dai (DAI), Wrapped Bitcoin (WBTC), Wrapped Ether (WET) and Wrapped Axelar (WAXL) in Canada in November and December, according to several customer emails shared with Cointelegraph.

In response to a request for comment from Cointelegraph, a Kraken spokesperson said, “We constantly monitor the assets on our platform to ensure we meet the highest compliance standards in the crypto industry,” before confirming the suspensions.

Share This Post

Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

Related Posts

What is AI in Crypto Trading?

The rise of cryptocurrency has not only changed the...

Which is the Best AI Crypto Coin?

The world of cryptocurrency is dynamic, constantly evolving, and...

Is AI Crypto a Good Investment?

The world of cryptocurrency has evolved dramatically over the...

What Are AI Crypto Coins?

The cryptocurrency market has evolved significantly since Bitcoin’s inception...

BlackRock Expands into Europe’s Cryptocurrency ETP Market with Bitcoin Strategy

BlackRock has officially entered Europe's cryptocurrency exchange-traded product (ETP)...

Dogecoin Price Surges Following Launch of Official Dogecoin Reserve

Dogecoin's price surged by more than 5% following the...