The question is why the Ontario Securities Commission prohibits Tether in the first place because that is where it gets interesting. Like, for what reason does USDT get prohibited? We all know that USDT is widely scrutinized due to its lack of trust assurance in regard to its reserves.
Or is it in preparation for their Government controlled CBDC's
To me, it doesn't make any sense. I don't use crypto.com, but don't they have other stablecoins on the platform like USDC that traders will decide to use instead of the banned USDT?
How about all other shitcoins? Does the Ontario Securities Commission feel they are much safer than USDT?