To that end, Coinbase recently joined Canada’s Web3 Council, a multi-party non-profit organization that seeks to ease Canada’s recent legislative and regulatory plans that are pushing cryptocurrency companies out of the country. For example, in recent months, a number of exchanges, including Binance, Bybit, dYdX, OKX, Paxos, and Bittrex (the last of which declared bankruptcy), have decided to withdraw from Canada in direct response to “recent regulatory developments.” I did. .”