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news-imageAugust 22, 2023

Coinbase Announces Suspension of Trading for Three Stablecoins, Cites Listing Standards

In a significant turn of events this week, Coinbase, a leading player in the cryptocurrency trading arena, has taken a decisive step to halt trading activities involving three stablecoins within the Canadian market. The suspension, scheduled to take effect from August 31, marks a notable shift in the trading landscape for Tether (USDT), Dai (DAI), and Rai Reflex Index (RAI) tokens.
Publisher: The Currency Analytics
Sentiment: Neutral
DAI
USDT

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Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.

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TRON's USDT Dominance and Its Impact on TRX Price Growth

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

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