Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.
Coinbase has been seeking to expand in Canada since last year, even as it fights U.S. regulators for similar considerations.signed by the Ontario Securities Commission sets Coinbase on a path of government-approved operation that has so far eluded it in the U.S.
“This is a significant milestone in Coinbase’s journey in Canada,” said Lucas Matheson, the CEO of Coinbase Canada, in a statement. He said the exchange will keep working with Canadian partners"to accelerate the adoption of digital assets, foster economic empowerment, and reshape the financial system.”
Coinbase had previously hired 200 people to work on a tailored platform for Canada – its second-largest hub globally after the U.S. – and established a payment rails system with Peoples Trust.
In the U.S., Coinbase has been battling with the Securities and Exchange Commission over claims that it's operating illegally and offering unregistered securities to investors. Coinbase has contended in federal court that the SEC is asking for the impossible because U.S. securities laws as-written don't allow for crypto firms to do business.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coinbase secures restricted dealer license in Canada, pushing expansion abroad amid SEC crackdownCoinbase said it has been registered in Ontario as a restricted dealer under the Canadian Securities Administrators.
Read more »
Coinbase secures restricted dealer license in CanadaCoinbase has obtained a new license in Canada, becoming registered in Ontario as a restricted dealer under the Canadian Securities Administrators
Read more »
License plate flippers: City Council unanimously votes to ban devices used to alter license platesPhiladelphia's City Council unanimously voted to ban so-called “tag flipping' devices that allow drivers to switch or conceal their license plate.
Read more »
Coinbase celebrates Canadian registration eight months after launchThe U.S.-based cryptocurrency exchange's goal to expand into foreign markets celebrated a new milestone with Canadian registration.
Read more »
Coinbase Says AI Tokens Value ‘Overstated,’ Surge Fueled by HypeCrypto Blog
Read more »