While US legislators are stuck in regulatory gridlock, Canada has quietly established itself as a world leader in cryptocurrency and blockchain technology, and Toronto as a hub of innovation, as per a report.

Canada’s Head Start on Crypto Regulation

According to CNBC, Canada was one of the first countries to enact rules for crypto, by starting with anti-money laundering guidelines in 2014 and then it has consistently updated its regulatory guidance.

Toronto Becomes a Crypto Launchpad

CNBC wrote that the “regulatory clarity has made Toronto a launchpad for blockchain growth.”Companies are now seeing an opportunity in Canada, with American financial services company Robinhood’s recent acquisition of Canadian crypto firm WonderFi, which is…