Lorenzo
Thu Jun 06 2024
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7 answers
1798
Is USDT banned in Canada?｜Tether (USDT), a stablecoin pegged to the US dollar, is quite a challenge to buy if you are based in Canada. .It has been banned by the Ontario Securities Commission (OSC) from listing on Canadian crypto exchanges due to market manipulation concerns and lack of audit evidence for its dollar backing
Could you clarify for me, is USDT prohibited in Canada? I've heard that purchasing Tether (USDT), a stablecoin pegged to the US dollar, is rather difficult if I reside in Canada. Apparently, it has been barred by the Ontario Securities Commission (OSC) from being listed on Canadian crypto exchanges, primarily due to concerns regarding market manipulation and a lack of satisfactory audit evidence supporting its dollar backing. Could you provide further insight into this matter?
