According to an email sent to customers, Crypto.com, one of the world’s largest exchanges by volume, will remove Tether’s dollar-linked stablecoin, USDT, from its trading platform for Canadian users. The decision was made “in accordance with instructions from the Ontario Securities Commission (OSC) as part of our pre-registration undertaking for a restricted dealer licence,” according to an email from a spokesperson for the exchange. The email goes on to say that all USDT trading pairs, transactions, deposits, and withdrawals will be delisted by 1 p.m. ET on January 31. After that time, any remaining USDT user deposits on the exchange will be converted to Circle-issued USDC.
