Cryptocurrencies are one of many dividing lines between the Liberal and Conservative parties of Canada. In 2022, Conservatives advocated for crypto as a way to “opt out” of inflation, blaming Liberal economic policy for driving inflation to 30-year highs and contributing to a spike in housing costs.

Liberals, on the other hand, criticized crypto for being too volatile.

Most of the time, cryptocurrencies are treated as securities, which makes developing a crypto-focused business in Canada difficult. This protective approach is seen by Conservatives as harmful to the country’s economic and technological development.

Then-Finance Minister Chrystia Freeland criticized Conservative Party Leader Pierre…