{"id":148126,"date":"2026-07-29T14:27:06","date_gmt":"2026-07-29T14:27:06","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/148126\/"},"modified":"2026-07-29T14:27:06","modified_gmt":"2026-07-29T14:27:06","slug":"coinbase-calls-on-canada-to-adopt-clear-rules-for-crypto","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/148126\/","title":{"rendered":"Coinbase Calls On Canada To Adopt Clear Rules For Crypto"},"content":{"rendered":"

\"Coinbase<\/a> Coinbase Calls On Canada To Adopt Clear Rules For Crypto <\/p>\n

Coinbase Global (NASDAQ: $COIN) is calling on Canada to adopt clear and permanent rules to govern the cryptocurrency industry.\u00a0 <\/p>\n

At a Toronto conference, Coinbase Canada CEO Eric Richmond said that Canada’s regulatory framework needs to evolve if the country wants to keep pace with the rest of the world.\u00a0 <\/p>\n

Richmond’s comments come as Coinbase pushes into the Canadian market with plans to offer crypto trading and a broad suite of financial products built on blockchain technologies. <\/p>\n

More From Cryptoprowl: <\/p>\n

The Canada CEO has said that Coinbase wants to become an everything app for users across the country.\u00a0 <\/p>\n

“We want to have all your financial services in one place,” Richmond said at the Blockchain Futurist Conference held in Toronto. “We want to be that everything exchange…” <\/p>\n

However, Richmond emphasized that Canadian regulations need to evolve and improve if companies such as Coinbase Global are to succeed in America’s northern neighbour. <\/p>\n

Canada was among the world’s earliest jurisdictions to approve spot Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) and to establish a registration framework for crypto trading. <\/p>\n

However, Richmond said much of that progress relied on company-specific exemption orders rather than legislation designed to govern digital assets.\u00a0 <\/p>\n

That approach has become less effective as companies seek to launch more sophisticated products related to digital assets, necessitating the need for detailed legislation. <\/p>\n

The comments from Richmond come as the U.S. Clarity Act that would regulate Bitcoin and other crypto winds its way through Congress.\u00a0 <\/p>\n

At the same time, Canada has taken steps to crackdown on crypto, banning Bitcoin ATM machines nationwide and banning crypto mining operations in some provinces.\u00a0 <\/p>\n

Regulators within Canada say they remain at a consultative stage regarding crypto, with the Canadian Securities Administrators having issued only limited guidance on digital assets.\u00a0 <\/p>\n

COIN stock has fallen 55% in the last 12 months to trade at $167.90 U.S. per share.\u00a0 <\/p>\n","protected":false},"excerpt":{"rendered":"Coinbase Calls On Canada To Adopt Clear Rules For Crypto Coinbase Global (NASDAQ: $COIN) is calling on Canada…\n","protected":false},"author":2,"featured_media":148127,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,32122,19301],"class_list":["post-148126","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-canada","tag-coinbase","tag-toronto-conference"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/148126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=148126"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/148126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/148127"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=148126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=148126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=148126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}