Coinbase is now Canada’s largest crypto exchange after receiving restricted dealer license

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(Kitco News) – Coinbase, the largest cryptocurrency exchange in the U.S., has announced it has been registered as a Restricted Dealer by the Canadian Securities Administrators (CSA), becoming the first international crypto exchange to be registered in Canada. 

 

The approval was months in the making, as Coinbase signed an Enhanced Pre-Registration Undertaking that signified its dedication to regulatory compliance and operational excellence in March 2023 and officially launched Coinase Canada in August.

 

Throughout the application process, the exchange worked closely with Canadian regulators to establish a policy framework that serves as a global benchmark and also collaborated with  Canadian banks, investment advisors, and pension funds to demonstrate its dedication to facilitating its successful navigation of the evolving digital asset realm.

 

“This is a significant milestone in Coinbase’s journey in Canada,” said Lucas…

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