According to multiple emails received by customers, encrypted exchange Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada. As of November 30th, the recharge and transaction functions of the above assets will be stopped. As of December 4th, users will no longer be able to withdraw related assets. As of December 5th, all remaining related assets will be converted to US dollars at the real-time market exchange rate and deposited into users' accounts. A Kraken spokesperson stated via email that, in light of recent regulatory changes in Canada and extensive consultations with CSA and OSC, the decision was made to suspend trading of the aforementioned tokens. Kraken remains "committed to providing exceptional trading experiences for Canadian customers."
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