Coinbase has received a restricted dealer status registration from Canada, paving the road for its expansion in the country. Coinbase is the largest institutionally approved cryptocurrencycurrency exchange in Canada, according to its certification from the Ontario Securities Commission (OSC).
Coinbase Canada’s CEO, Lucas Matheson, emphasized the company’s commitment to working with partners across the country. They intend to integrate digital assets into traditional financial markets, eventually changing present economic structures. This dedicated Coinbase platform for Canada, along with a 200-person team, underscores COIN’s commitment to the Canadian market.
Coinbase will apply to CIRGO for investment dealer registration and membership in both CIRGO (Canadian Investment Regulatory Organization) and ASP (Alternative Trading System). This shift is consistent with Coinbase’s objective of expanding its activities within the regulatory framework of the Canadian financial markets.
