In a surprising turn of events, Uphold, a popular US-based crypto exchange, has delisted a swathe of popular crypto assets in Canada, including Shiba Inu (SHIB), Cardano (ADA), and Dogecoin (DOGE).
This unexpected turn of events stems from Upholdâs pursuit of registration with the Ontario Securities Commission (OSC), the regulatory body overseeing securities markets in the province. To comply with the OSCâs evolving regulations, Uphold gave the boot to all the coins in its Tier 4 group and took some out of Tier 3, where the altcoins mentioned were dropped.
While Bitcoin (BTC), Ethereum (ETH), and other major players remain untouched in Tier 3, the delisting of Shiba Inu (SHIB), Cardano (ADA), Stellar (XLM), and Dogecoin (DOGE) has caused ripples within the crypto community.
