Coinbase seeks to offer derivatives, DeFi services, and tokenized assets in Canada
2026-07-28 23:57
Odaily Planet Daily 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 US market, including derivatives, DeFi services, and tokenized assets.
Eric Richmond said that Canada needs to shift from a case-by-case exemption model to a specialized and coordinated national digital asset regulatory framework to support more complex products. Canada previously introduced spot crypto ETFs relatively early and has already passed the Stablecoin Act.
He pointed out that compared to the US, Canada's regulatory guidance is slower to advance and more fragmented, which is delaying Canadian retail investors' access to products such as higher-yield lending and a broader range of futures trading.
Eric Richmond said that Canada needs to shift from a case-by-case exemption model to a specialized and coordinated national digital asset regulatory framework to support more complex products. Canada previously introduced spot crypto ETFs relatively early and has already passed the Stablecoin Act.
He pointed out that compared to the US, Canada's regulatory guidance is slower to advance and more fragmented, which is delaying Canadian retail investors' access to products such as higher-yield lending and a broader range of futures trading.
