Coinbase Canada’s new country director and CEO Eric Richmond thinks that Canadian cryptocurrency companies and watchdogs could use more “all-encompassing” regulation.

In an interview with BetaKit last month, Richmond noted that Canada’s patchwork of provincial and territorial securities regulators has largely governed crypto firms via staff notices and exemption orders, a fragmented approach he claimed has made operating more difficult for both businesses and authorities alike. 

“We want Coinbase to be the platform that Canadians choose.”

Exemption orders in particular, Richmond said,…