To that finish, Coinbase just lately joined the Canadian Web3 Council, a multi-party non-profit group that’s seeking to loosen up latest legislative and regulatory initiatives in Canada which might be at the moment driving crypto corporations in another country. In latest months, as an illustration, a lot of exchanges have determined to tug out of Canada, together with Binance, Bybit, dYdX, OKX, Paxos and Bittrex (the final of which has since declared chapter), in direct response to “latest regulatory developments.”
