Coinbase seeks to offer derivatives, DeFi services, and tokenized assets in Canada
2026-07-28 23:57
Odaily News: Eric Richmond, the new CEO of Coinbase Canada, stated that the exchange aims to provide Canadian users with the same advanced crypto products available in the U.S. market, including derivatives, DeFi services, and tokenized assets.
Eric Richmond noted that Canada needs to transition from case-by-case exemptions to a dedicated and coordinated national digital asset regulatory framework to support more complex products. Canada was an early adopter of spot crypto ETFs and has already passed the "Stablecoin Act."
He pointed out that, compared to the United States, Canada’s regulatory guidance is progressing more slowly and is more fragmented, which is delaying Canadian retail investors' access to higher-yield lending, broader futures trading, and similar products.
Eric Richmond noted that Canada needs to transition from case-by-case exemptions to a dedicated and coordinated national digital asset regulatory framework to support more complex products. Canada was an early adopter of spot crypto ETFs and has already passed the "Stablecoin Act."
He pointed out that, compared to the United States, Canada’s regulatory guidance is progressing more slowly and is more fragmented, which is delaying Canadian retail investors' access to higher-yield lending, broader futures trading, and similar products.
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