Coinbase Canada's new CEO Eric Richmond wants permanent rules to expand beyond basic crypto trading.
The firm aims to offer derivatives, DeFi, and tokenized assets. Canada's reliance on temporary exemptions, however, holds back "higher-yield lending and broader futures trading."
Our read: Coinbase will go where rules are clear. Canada moved early on spot crypto ETFs, but fragmented guidance puts it behind the US on sophisticated products. This isn't just about Coinbase. It's about where capital and innovation flow.
Would you keep funds on a mid-tier exchange right now?
$BTC
The firm aims to offer derivatives, DeFi, and tokenized assets. Canada's reliance on temporary exemptions, however, holds back "higher-yield lending and broader futures trading."
Our read: Coinbase will go where rules are clear. Canada moved early on spot crypto ETFs, but fragmented guidance puts it behind the US on sophisticated products. This isn't just about Coinbase. It's about where capital and innovation flow.
Would you keep funds on a mid-tier exchange right now?
$BTC