Coinbase announced on Monday the expansion of its services in Canada through a series of new offerings that reaffirm the country as "a priority Go Deep market."
The company will now be able to offer 100% access to Interac e-Transfers, thanks to the partnership with Peoples Trust Company. Through this move, Canadian Coinbase users will be able to safely move money in and out of their accounts, making the crypto market more accessible "to millions of Canadians." In addition, as part of the improvements, Canadian subscribers will also be able to take advantage of a new membership, Coinbase One.
"Canada is well positioned to be a global leader in the cryptoeconomy thanks to the high levels of crypto awareness, a passionate local tech ecosystem, and the progress towards a strong regulatory framework," said Nana Murugesan, Vice President, International, and Business Development.