How will the delisting of Tether in Canada by the regulator affect the cryptocurrency market?

1 answers

• lostvermeerMar 08, 2024 · 2 years ago
  The delisting of Tether in Canada by the regulator is definitely going to have an impact on the cryptocurrency market. Tether is one of the most controversial stablecoins out there, and its delisting could lead to increased scrutiny of other stablecoins as well. Traders and investors may become more cautious and start looking for alternative stablecoins that have better transparency and regulatory compliance. This could be a wake-up call for the industry to improve standards and regain trust. While the short-term impact may be negative, in the long run, it could lead to a healthier and more sustainable cryptocurrency market.
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