Cryptocurrencies

Canada’s Crypto Industry Turns to Alberta Government-Owned Bank

Downtown Edmonton, Alberta, Canada.

Photographer: Jason Franson/Bloomberg
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Crypto companies in Canada have found an unlikely ally — a bank owned by the Alberta government.

ATB Financial, a provincial crown corporation, has become one of the most reliable banking partners for the crypto and blockchain industry at a time when other financial institutions are refusing service — and when Alberta’s government is targeting billions more in revenue from blockchain firms.