Coinbase Eyes Growth Following Canadian Government’s Crypto Report

Coinbase, the giant American crypto exchange, may have set its sights on expansion following the release of a report from the Permanent Committee on Industry and Technology of the Canadian Parliament. Unlike the United States, Canada considers crypto and blockchain as emerging industries with significant economic opportunities. On June 28, Coinbase announced the findings of the Canadian government on the crypto and blockchain industry. Coinbase Lauds Canada’s Approach The company expressed satisfaction in seeing the committee’s acceptance of the benefits, utility, and value of blockchain technology from the report’s 16 different recommendations. Coinbase also highlighted the “exciting developments” in Canada as part of its international expansion strategy. While it sees a promising path in Canada, it seems to be hindered from moving downward. “We continue to have productive discussions with policymakers, regulators, and customers as we build our product offerings in Canada,” the company noted. The report emphasized the Canadian […] The post Coinbase Eyes Growth Following Canadian Government’s Crypto Report appeared first on COINTURK NEWS.