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.
Richmond said that Canada needs to move away from case-by-case exemptions and toward a dedicated, 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 noted that compared to the U.S., Canada’s regulatory guidance is slower and more fragmented, which is delaying Canadian retail investors' access to products such as higher-yield lending and broader futures trading.
Richmond said that Canada needs to move away from case-by-case exemptions and toward a dedicated, 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 noted that compared to the U.S., Canada’s regulatory guidance is slower and more fragmented, which is delaying Canadian retail investors' access to products such as higher-yield lending and broader futures trading.
