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To that finish, Coinbase not too long ago joined the Canadian Web3 Council, a multi-party non-profit group that’s trying to loosen up current legislative and regulatory initiatives in Canada which can be presently driving crypto firms overseas. In current months, as an illustration, plenty of 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.”
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