Coinbase Canada CEO pushes for crypto-friendly government just as company reveals hack that could cost up to $400 million USD

Cyberattack comes at bad time for US-based crypto exchange.

Speaking with BetaKit CEO Siri Agrell at Consensus 2025, Coinbase Canada CEO Lucas Matheson passionately argued that Canada’s newly elected Liberal government needs to embrace cryptocurrency—hours after his company revealed it was the latest Web3 victim of a potential multi-million-dollar cyberattack.

On stage, Matheson reiterated six Coinbase requests for policy and regulatory changes he said could help Canada become a global crypto leader, arguing that federal leadership needs to take crypto seriously or risk falling behind other nations. He cited the United States (US), which has become more crypto-friendly under President Donald…

Source link