Where Coinbase Canada Goes, so Does the World

To that finish, Coinbase lately joined the Canadian Web3 Council, a multi-party non-profit group that’s trying to loosen up current legislative and regulatory initiatives in Canada which can be at the moment driving crypto firms in another country. In current months, for example, a variety of exchanges have determined to drag out of Canada, together with Binance, Bybit, dYdX, OKX, Paxos and Bittrex (the final of which has since declared chapter), in direct response to “current regulatory developments.”