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ONTARIO BANS REGULATED CRYPTO EXCHANGES FROM WORKING WITH TETH | FinTwit

ONTARIO BANS REGULATED CRYPTO EXCHANGES FROM WORKING WITH TETHER

The Ontario Securities Commission (OSC) has banned two regulated cryptocurrency exchanges - Wealthsimple and Coinberry - from working with the stablecoin Tether (USDT).

According to The Block, USDT ended up in the "Prohibited Crypto Assets" category. The reasons for this decision were not disclosed in the documents received by the companies.

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