Coinbase Canada Seeks to Offer Derivatives, DeFi Services, and Tokenized Assets

According to Odaily, Coinbase Canada's new CEO Eric Richmond stated the exchange aims to provide Canadian users with advanced crypto products comparable to those available in the U.S. market, including derivatives, DeFi services, and tokenized assets.

Richmond noted that Canada requires a unified, coordinated national digital asset regulatory framework to replace the current case-by-case exemption approach. He highlighted that regulatory progress remains slower and more fragmented than in the U.S., delaying retail access to products such as yield-bearing loans and broader futures trading. Canada has previously launched spot crypto ETFs and passed the Stablecoin Act.