Coinbase urges Canada to prioritise crypto regulation ahead of elections

Regulatory uncertainty is driving crypto firms away from Canada, with Coinbase calling for policies that support growth and innovation in the industry.

As Canada nears a federal election, Coinbase urges the next government to prioritise clear crypto regulations. Coinbase’s Canadian country director highlighted that while Canada has been a leader in crypto adoption, regulatory uncertainty could hinder further progress.

Matheson cited statistics showing that five million Canadians already hold crypto. According to Coinbase, 86% of Canadians see room for improvement, 80% feel the system is unfair, and 76% view it as outdated. The growing dissatisfaction signals the need for forward-thinking financial…

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