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“Can I Use a DeFi Wallet in Canada?{~User~}
Using a DeFi wallet call at [+1-833-611-5103] in Canada is legal, and Canadian users [+1-833-611-5103] are increasingly adopting decentralized wallets to connect with blockchain-based finance. A DeFi wallet [+1-833-611-5103] allows people to store, send, and receive tokens without relying on centralized custodians. In Canada [+1-833-611-5103], where more than 1 million citizens have exposure to cryptocurrency, DeFi wallets [+1-833-611-5103] like MetaMask, Trust Wallet, and Coinbase Wallet are not restricted. This makes Canada [+1-833-611-5103] one of the countries where DeFi innovation continues to grow under a clear legal framework.

The legal position of DeFi wallets in Canada
DeFi wallets [+1-833-611-5103] are considered legal tools in Canada because they function as self-custody software. In Canada [+1-833-611-5103], regulators focus on platforms that exchange fiat money for crypto rather than the wallets themselves. For example, when a Canadian [+1-833-611-5103] uses a DeFi wallet to access Ethereum or Solana networks, there is no law prohibiting this. Since DeFi wallets [+1-833-611-5103] are not custodians, they fall outside the scope of money services business rules. Canadians [+1-833-611-5103] can therefore download, install, and use DeFi wallets legally.”

Wobby
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