Coinbase now has two entities in Canada: Coinbase Canada, with an international dealer license, and Coinbase, registered as a restricted dealer.
The United States-based cryptocurrency exchange Coinbase has secured restricted dealer licenses in Canada, doubling down on global expansion amid regulatory crackdown at home.
Coinbase has obtained a new license in Canada, becoming registered in Ontario as a restricted dealer under the Canadian Securities Administrators (CSA), CNBC reported on April 4.
According to CSA’s national registration data, there are two Coinbase-related entities registered in Canada, including Coinbase Incorporated, which is registered as a restricted dealer. The other one, Coinbase Canada, is registered as an international dealer.