Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 
Google Disrupts Major Residential Proxy Network IPIDEA 
FxWirePro- Major Crypto levels and bias summary 
Why your retirement fund might soon include cryptocurrency 
Elon Musk’s SpaceX Explores Merger Options With Tesla or xAI, Reports Say 
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War 
South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists 
Chinalco and Rio Tinto Acquire Controlling Stake in Brazil’s CBA for $903 Million 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
Woodside Energy Flags Lower 2026 Production Outlook Despite Strong Q4 Revenue Beat 
Home ownership is slipping out of reach. It’s time to rethink our fear of ‘forever renting’ 
Wall Street Rebounds as Investors Eye Tariff Uncertainty, Jobs Report 
Why the Middle East is being left behind by global climate finance plans 
Kraken, a US-based cryptocurrency exchange, is reportedly delisting US Dollar Tether (USDT), DAI, Wrapped Bitcoin (WBTC), Wrapped Ether (WETH), and Wrapped Axelar (WAXL) stablecoins. With this move, the company is stating that it is suspending all transactions related to these stablecoins in Canada.
According to CoinTelegraph, Kraken’s delisting of the said stablecoins was revealed through emails sent to its customers. It was indicated in the message that the suspension of trading for the mentioned digital currencies will start on Nov. 30.
Kraken Confirms the Delisting Move
Kraken was contacted by CoinTelegraph for comments about the matter and its spokesperson told the publication that the company continuously tracks the assets on its platform to make sure that it stays in line with the “highest compliance standards in the crypto industry” before sus
Kraken’s spokesperson went on to confirm the suspensions by saying via email, “In accordance with recent Canadian regulatory changes and following extensive consultation with the CSA and OSC, we today notified our clients that we will soon be suspending trading for USDT, DAI, WBTC, WETH, and WAXL.”
While Kraken has halted trading, the representative said that the crypto exchange remains committed to providing customers in Canada with the best trading service and experience.
Reason for the Suspension of Stablecoins
Most of the crypto exchanges and companies often halt or remove some services due to regulatory issues and in this case, the reason is likely the same. Moreover, many firms have already withdrawn their operations from the Canadian market due to these same regulative challenges.
Finance Feeds reported that the cancellations of the stablecoins may have also come as the Ontario Securities Commission (OSC) previously implemented a ban on crypto exchanges in the territory - restricting them from touching Tether (USDT). In any case, it is not clear if Kraken is also planning to completely pull out its services from the Canadian market.
