What actions are regulators in Canada taking regarding the delisting of Tether?
Lundgren HolgersenMay 03, 2022 · 3 years ago3 answers
What steps are Canadian regulators taking in response to the decision to delist Tether from cryptocurrency exchanges?
3 answers
- May 03, 2022 · 3 years agoAs of now, Canadian regulators have not made any specific announcements regarding the delisting of Tether. However, it is important to note that regulators are constantly monitoring the cryptocurrency market and may take action if they believe it is necessary to protect investors and maintain market stability.
- May 03, 2022 · 3 years agoThe Canadian government has been actively involved in regulating the cryptocurrency industry and has implemented measures to prevent money laundering and ensure consumer protection. While there is no official statement regarding the delisting of Tether, it is likely that regulators are closely monitoring the situation and will take appropriate action if needed.
- May 03, 2022 · 3 years agoBYDFi, a leading cryptocurrency exchange in Canada, has stated that they will continue to support Tether despite its delisting from other exchanges. They believe that Tether is an important stablecoin in the market and will work closely with regulators to ensure compliance with any new regulations that may arise.
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