Crypto.com delists USDT due to regulatory prohibition.

in #cryptocurrency • last year

In cryptocurrency exchange in Ontario, Canada users cannot list USDT following the OSC ban.

Crypto.com delists USDT due to regulatory prohibition.jpg

According to Crypto.com plans to delist Tether (USDT) for Canadian users, effective Jan 31 the exchange has told customers that if they do not withdraw or convert their USDT assets by the deadline then their Tether will be automatically converted into USD Coin (USDC)

"You may incur a retrieval fee if deposits of USDT are made from external wallets after this suspension period and fund retrieval may not be possible in some cases."

Read full news at: https://cryptounity.news/cryptocom-delists-usdt-due-to-regulatory-prohibition

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