Amidst the ongoing legal battle with the U.S. Securities and Exchange Commission where Coinbase faced a setback, a ray of hope emerged for the company with its recent registration in Canada. This development represents a notable step in the company’s global expansion efforts, particularly in light of increasing regulatory hurdles in its native U.S. market.
This marks a significant milestone for Coinbase, positioning it as the largest and first international cryptocurrency exchange to be registered in the country. “We were really lucky to have a partner like The Ontario Securities Commission and the CSA…to meet all the expectations that Canadian regulators have.”
Source: News Formal (newsformal.com)
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