Cryptocurrencies
Canada’s Crypto Industry Is Taking Lessons From US Election Wins
- Stand With Crypto advocacy group expanded to Canada last year
- New rules for crypto trading platforms took effect on Dec. 31
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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.