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<div class="cryptonews"> 
 <p class="is-style-lead">The US-based crypto exchange is now <a rel="noopener noreferrer nofollow" title="officially" href="https://thebittimes.com/tag/officially.html">officially</a> available for Canadian <a rel="noopener noreferrer nofollow" title="citizens" href="https://thebittimes.com/tag/citizens.html">citizens</a>.</p> 
 <p class="is-style-default">Coinbase, the trading platform previously only available in the US, has announced its launch in Canada today, on Aug. 14. The company said it is integrating Interac e-Transfers in collaboration with Peoples Trust Company.</p> 
 <p>This integration allows all Canadian users of Coinbase the ability to utilize Interac e-Transfers to create a more streamlined process for transactions. Recent data indicates that the feature has garnered attention, with a significant portion of the last month’s deposits on the platform being executed via Interac e-transfers.</p> 
 <p>Furthermore, the company has introduced the “Coinbase One” membership for its Canadian clientele. New registrants are provided an introductory 30-day trial to explore these offerings.</p> 
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 <p>Coinbase’s decision to venture into Canada can be seen in the context of the country’s evolving perspective on cryptocurrencies.</p> 
 <p>Nana Murugesan, vice president of international and business development at Coinbase, has mentioned Canada’s tech-forward population and ongoing regulatory developments as notable factors. </p> 
 <p>“Canada is well positioned to be a global leader in the cryptoeconomy thanks to the high levels of crypto awareness, a passionate local tech ecosystem, and the progress towards a strong regulatory framework,” Murugesan said in their statement to investors.</p> 
 <p>Earlier this year, Coinbase engaged with Canadian regulatory frameworks by signing a Pre-Registration Undertaking. Other strategic moves in the region include the appointment of Lucas Matheson as the Canadian Country Director and the establishment of a tech hub in Canada, positioning it as an essential outpost for Coinbase outside of the US.</p> 
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Coinbase becomes officially available for Canadian citizens

TheBitTimes

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