Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple customer emails shared with Cointelegraph.
The email further added that Kraken remains “committed to providing our Canadian clients with an exceptional trading experience.”throughout 2023. In August, Coinbase ceased trading Tether, Dai, and Rai, following a similar move by Crypto.com after it previously delisted Tether. Kraken, for its part, appears to be continuing operations in Canada and will merely be suspending transactions related to five specific assets.
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