To that finish, Coinbase just lately joined the Canadian Web3 Council, a multi-party non-profit group that’s trying to loosen up current legislative and regulatory initiatives in Canada which are presently driving crypto corporations overseas. In current months, as an example, a variety of exchanges have determined to tug out of Canada, together with Binance, Bybit, dYdX, OKX, Paxos and Bittrex (the final of which has since declared chapter), in direct response to “current regulatory developments.”