Kraken, one of the largest cryptocurrency exchanges, imposes restrictions on some of the market’s leading altcoins.
According to information provided by Cointelegraph, Kraken, Tether (USDT), Dai, Wrapped Bitcoin (WBTC), Wrapped Ether (WET) And Wrapped Axes (WAXL) It will restrict transactions made with .
The decision will only come into effect next November and December. Impacts customers in Canada Waiting. One of the spokespersons of the stock exchange made the following statement:
“In line with the recent legal changes in Canada and our discussions with the CSA and OSC, we have informed our customers that we will soon stop USDT, DAI, WBTC, WETH and WAXL transactions.”
Kraken is not the first exchange to take such a step in the Canadian market. In recent months, Crypto.com stopped USDT transactions on the platform, and Coinbase also decided to stop USDT, DAI and RAI transactions.
Some cryptocurrency exchanges have decided to leave the market completely due to regulations in Canada. Binance, the largest cryptocurrency exchange, announced that it would withdraw from the Canadian market in May.