Where Coinbase Canada Goes, so Does the World

To that finish, Coinbase just lately joined the Canadian Web3 Council, a multi-party non-profit group that’s trying to loosen up latest legislative and regulatory initiatives in Canada which are presently driving crypto firms in a foreign country. In latest months, as an example, quite a few exchanges have determined to tug out of Canada, together with Binance, Bybit, dYdX, OKX, Paxos and Bittrex (the final of which has since declared chapter), in direct response to “latest regulatory developments.”