Coinbase Plans to Launch Derivatives and DeFi Services in Canada

Coinbase's new CEO in Canada, Eric Richmond, stated that the exchange aims to offer Canadian users advanced crypto products similar to those available in the U.S. market, including derivatives, DeFi services, and tokenized assets. He pointed out that Canada needs to shift from case-by-case exemptions to a dedicated and coordinated national regulatory framework for digital assets to support more complex products. Canada has previously introduced a spot crypto ETF and has passed the Stablecoin Act. Compared to the U.S., Canada's regulatory guidance is progressing more slowly and is more fragmented, which is delaying retail access to higher-yield lending and a broader range of futures trading products.

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