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Post: Coinbase Secures Restricted Dealer Licenses in Canada for Global Expansion

Coinbase Secures Restricted Dealer Licenses in Canada for Global Expansion

Key Points:

  • Coinbase secures restricted dealer licenses in Canada for global expansion.
  • Two Coinbase-related entities are registered in Canada: Coinbase Incorporated as a restricted dealer and Coinbase Canada as an international dealer.

Coinbase Obtains Restricted Dealer Licenses in Canada:

Coinbase, a U.S.-based cryptocurrency exchange, has obtained a restricted dealer license in Canada, specifically in Ontario under the Canadian Securities Administrators (CSA).

Two Registered Coinbase Entities in Canada:

Canada hosts two Coinbase-related entities with different registrations. Coinbase Incorporated is registered as a restricted dealer, while Coinbase Canada is registered as an international dealer.

Hot Take:

Coinbase’s strategic move to secure restricted dealer licenses in Canada reflects its commitment to global expansion and compliance with international regulations, enhancing its presence in the Canadian market.

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