To that finish, Coinbase just lately joined the Canadian Web3 Council, a multi-party non-profit group that’s seeking to loosen up current legislative and regulatory initiatives in Canada which might be presently driving crypto firms in a foreign country. In current months, for example, various exchanges have determined to drag 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.”