To that finish, Coinbase not too long ago joined the Canadian Web3 Council, a multi-party non-profit group that’s seeking to loosen up current legislative and regulatory initiatives in Canada which might be at the moment driving crypto firms in another country. In current months, as an illustration, quite a few 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.”
