Coinbase has registered as a CSA restricted dealer in Canada, further expanding into overseas markets

ChainCatcher news, according to CNBC, Coinbase has registered as a restricted dealer under the Canadian Securities Administrators (CSA) in Ontario, Canada, allowing the company to further expand into overseas markets amid regulatory pressure in the U.S. domestic market.

Last year, Canada introduced new guidelines for cryptocurrency exchanges, limiting the amount certain investors can invest in cryptocurrencies and imposing mandatory registration for cryptocurrency companies.

It is reported that Coinbase is the first international cryptocurrency trading platform to accept restricted dealer registration in Canada.