Published on July 21st, 2015 | by bitcoin0
Shift in Economic and Political Climate May Affect Canadian Bitcoin Exchange Plans
There have been persistent rumors for some time here that New York-based digital currencies exchange Coinbase is planning to expand into the Canadian market.
Two things about the NDP: It loves to regulate, and it plans to abolish the Senate, whose report on regulating digital currencies will likely be ignored, if not actively flouted.
This may have given pause to any investment plans on the part of Coinbase.
Cointrader, Coinsetter (CAVirtex) and Kraken, along with a number of smaller exchanges such as CoinSquare, make up the remaining 20 percent.
“The company recently acquired CaVirtex and plans to lead the Canadian Bitcoin exchanges in the country,” Coinsetter CEO Jaron Lukasiewicz said in an interview with Bitcoinist.