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
the coinbase 50 index in cad is quietly huge for canadians who have been eating usd conversion fees on every position forever
23 perps and the coinbase 50 index for canadians while us users still get the watered down menu. funny how the regulation math works out
the watered down menu is cftc regulated perps running on a canadian exemption. america really chose enforcement over market share huh
meanwhile us users get the watered down sec approved menu and call it progress lol
right? its a cftc registered fcm operating up there under exemptions. the compliance people earned their salary on this one
first major crypto-native platform with native futures in canada. regulators there actually publish rules instead of suing, wild concept
solana perps sitting next to commodity futures is a menu i didnt expect in 2026 tbh. canadian degens eating good
native futures on a crypto native platform is the real headline here. the big canadian banks must be thrilled about the new competition
rbc and td lobbyists already drafting letters against this, calling it now. canadian banks despise competition more than american ones do
calling it now is doing a lot of work. the big five lobbied against wealthsimple for a decade and lost. a cftc registered fcm with 23 perps is way harder to block than another app