Canada’s crypto industry is taking lessons from US election wins
Following the high-profile successes of the crypto industry in last year’s US elections, digital-asset companies in Canada are already applying what they’ve learned.
In November, Donald Trump, a crypto skeptic turned supporter, won the US presidential election and pro-crypto candidates won the majority of their races. Since then, Trump has nominated digital-asset supporters to his administration and Bitcoin’s price has surged more than 40%, rising above $100,000 for the first time.
Crypto became a large topic in the US election due in part to the roughly $135 million the industry spent backing candidates. Crypto’s Fairshake political action committee and its affiliated super-PACs were funded by industry…