Cryptocurrency exchange Coinbase (NASDAQ:COIN) will suspend trading of the Tether (USDT), Dai (DAI), and RAI stablecoins for Canadian users beginning Aug. 31.
In an Aug. 17 email notice to users, Coinbase said, ”We regularly monitor the assets on our exchange to ensure they meet our listing standards,” and based on its review, trading of the aforementioned stablecoins will no longer be available to Canadian users starting September. The exchange officially launched its Canadian subsidiary just days prior, although services were available to Canadian customers before then.