Canada will be left behind in the global crypto race

While other countries move toward integrating crypto into their financial systems, Canada is lagging, costing the country capital, talent and competitiveness. Canada’s direction on digital asset innovation remains uncertain.

Opinion by: Jillian Friedman, chief operating officer, Symbiotic

Since the Canadian federal election, there’s been little clarity on where this country is heading with digital asset innovation. Crypto regulation and policy didn’t make it into any of the parties’ campaign platforms. It’s a missed opportunity at a time when Canada ​​needs swift action about whether it wants to be a competitor in this space or simply a bystander.

Early-stage investments are already showing signs of strain.

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