First Elon, now Bitcoin. The Globe and Mail has officially gone too far…

Something that got missed in the noise last week: Coinbase got approved to offer true global crypto perps in the US. This took many years of work, and we're the first to offer this global liquidity to US users. Backstory: For many years crypto trading has been moving offshore because the US didn't have clear rules, and perpetual futures were a superior product that traders wanted but it wasn't allowed in the US. If we're being honest, probably ~half of all perpetual futures volume was Americans using offshore products via VPN with loose KYC controls (an open secret in the industry). Penalties for this were rarely, if ever, enforced, which as you can imagine, was frustrating for us as an American company following the rules. Others set up offshore entities and found ways around it. After dozens of personal visits to DC, and many more from our policy team, I'm really proud we finally got approval to give US users access to true, global perpetual futures. This is important because we'll now see pooled global liquidity in perpetual futures, with the US and international markets being connected instead of fragmented. Coinbase is strongest in the US, and the US is the largest market for trading, so there is now a chance to build a global network effect around liquidity. And US traders can now use these products in a compliant way with a US company, which hopefully provides greater customer protection. Major credit to Chair Selig and Atkins on recognizing the importance of this for US capital markets. And we will keep working to update the system in a compliant way, and to be the best place you can trade.

.@ericrichy comes to @coinbase Canada after working for several other Canadian crypto companies: he was general counsel and head of business development at @shakepay, the president of Coinsquare, and a co-founder of Tetra Trust. betakit.com/coinbase-canada-…

Excited to share that I’ve joined @Coinbase as Country Director and CEO of Coinbase Canada. Canada has a real opportunity to lead in crypto and help shape the onchain financial system. I’m excited to be part of that next chapter with Coinbase. It’s time to build!

Life update: next week will be my last at @shakepay Grateful for the people, the mission, and the chance to help bring Bitcoin to more Canadians Big thanks to @aiouy, @roybrey, and the whole team I’ll be cheering you on into the Bitcoin Golden Age More soon…

“Wen physical card?” 💳 The question you’ve ALL been asking. After 4.5 years of the virtual Shakepay Visa* Prepaid Card doing work, the physical Shakepay Card is almost here, and we’re launching it with a waitlist game built for shakers who love a little friendly competition!

We’ve raised $8.7M to bring clearing to the masses. Our new round was led by Blockchange to work on the most powerful idea in finance. It’s not just about moving money faster & cheaper; it’s about moving less while doing more.

Canada should be 1000% doing this Two great ideas from @build_canada

Canada does not need a CBDC. We need clear, smart rules that protect investors and unleash private innovation. The Stablecoin Act is a great start. That’s how we win 🇨🇦 Nice job @alextapscott shedding light on this

CADD has received regulatory approval from the Alberta Treasury Board and Finance and is now live on @base , @ethereum and @tempo The Canadian dollar is now a global digital currency 🍁 Read more 👇 businesswire.com/news/home/2…

This is a big one for us 👇 Proud regulatory milestone - now the first crypto trading platform in Canada offering bitcoin-backed loans to customers

No spread or fees on scheduled bitcoin buys. Stack your sats using @shakepay 🫡

launching something so needed for canadian bitcoiners today

Observations from the @shakepay front lines after a few weeks: - ​Founders are quietly moving serious capital. - ​Liquidity strategy is becoming a top-tier priority. - ​Efficiency > Everything. - Businesses are looking for Treasury options. If you're thinking long-term about digital assets in Canada, my DMs are open 🇨🇦

You can do this with @shakepay Grow your Bitcoin stack using @shakepay while keeping your USD’s in an account insured up to $1M by CIPF

Buy Bitcoin from a Canadian owned and operated platform @shakepay

If Canada wants to be a stablecoin leader, we need policies that allow yield to flow to users. The US is debating stablecoin legislation that would prohibit paying interest, yield, or “rewards” to holders. Yield doesn’t disappear - it gets kept by issuers instead of being shared with the people actually using the stablecoin.

This is why sound money matters. Over 20 countries are experiencing inflation over 10% and some are seeing their fiat money going to zero. Bitcoin changes this by removing government control over the supply of money. Get off zero with @shakepay and start earning sats today

🔷 Introducing new statuses: Base, Bright, & Blue Blue brings together our highest benefits 💳 1.5% unlimited cashback 💱 0% FX fee on your card 💰 3% interest on your cash 📱 Up to 500 sats/day when you shake ✨ Priority support Earn status by buying bitcoin or sending your paychque to @shakepay