Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first

PolicyCoinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed firstCoinbase Canada's new CEO, Eric Richmond, says permanent rules, rather than temporary exemptions, are needed as the company pushes to expand into derivatives, tokenized assets and decentralized finance.By Aoyon Ashraf|Edited by Cheyenne Ligon Jul 28, 2026, 11:50 p.m. 4 min readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowCoinbase’s new Canadian CEO says the exchange wants to offer Canadians the same advanced crypto products available in the U.S., including derivatives, DeFi services and tokenized assets.Eric Richmond argues that Canada must move beyond case-by-case exemptions toward a bespoke, harmonized national framework for digital assets if it hopes to support more sophisticated products.While Canada was an early mover on spot crypto ETFs and has passed a Stablecoin Act, slower, more fragmented guidance compared with the U.S. is delaying access to offerings such as higher-yield lending and broader futures trading for Canadian retail investors.TORONTO — Coinbase wants to bring more of the crypto products available to its U.S. customers, including derivatives, decentralized finance services and tokenized assets, to Canada, but Eric Richmond, the exchange's newly-appointed Canadian CEO, says the country's regulatory framework needs to evolve beyond temporary exemptions if it wants to keep pace with the industry's next phase.Richmond said the firm ultimately wants to expand beyond just a crypto trading platform, instead offering a broader suite of financial products built on blockchain infrastructure."We want to have all your financial services in one place," Richmond said in an interview with CoinDesk at the Blockchain Futurist Conference in Toronto. "We want to be that everything exchange... underpinned by this technology, where it's 24/7, seamless, frictionless."However, delivering on that vis…

Coinbase wants to be Canada’s ‘everything exchange,’ but says clearer rules are needed first

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