Is Coinbase legal in Canada?|Coinbase has announced its registration as a Restricted Dealer by the Canadian Securities Administrators (CSA). This marks a significant milestone as the first international and largest cryptocurrency exchange to obtain such registration in Canada.
Could you please clarify if Coinbase is indeed considered legal in Canada? It's mentioned that Coinbase has registered as a Restricted Dealer with the Canadian Securities Administrators (CSA). Could you elaborate on the significance of this milestone? Is Coinbase the first international and largest cryptocurrency exchange to achieve such a registration in Canada? How does this registration impact the legality and operations of Coinbase in Canada?
What is the buy limit for crypto in Canada?|Why is there a $30,000 limit on crypto purchases? The .$30,000 limit is a regulatory measure set by the Canadian Securities Administrators (CSA) to protect investors
Could you please clarify the buy limit for cryptocurrencies in Canada? I'm curious to understand the rationale behind the $30,000 cap on crypto purchases. I've heard that this limit is a regulatory measure imposed by the Canadian Securities Administrators. Could you explain the purpose of this measure and how it aims to safeguard investors?