Coinbase CEO Brian Armstrong praised Canada's streamlined regulatory approach to cryptocurrency during a fireside chat in Toronto. This approach demands compliance with strict investor protections and has led to significant exchanges like FTX and Binance exiting the Canadian market. Coinbase officially commenced operations in Canada in August, tapping into the substantial Canadian interest in cryptocurrencies. Armstrong envisions a future where crypto plays a pivotal role in payments, with a focus on reducing transaction delays and integrating crypto wallets with internet browsers.
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Coinbase CEO Praises Canada's Streamlined Crypto Regulations and Expands Operations
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