Feds must ‘better understand’ cryptocurrencies, say NDP, but Conservatives warn Ottawa could ‘get in the way’

While the Bank of Canada has said cryptocurrencies do not pose 'any significant risk' to the financial system or economy, higher inflation could result in more Canadians using them as a store of wealth, says Conservative MP Pierre Poilievre.
With the popularity of cryptocurrencies like Bitcoin cementing their existence in the Canadian economy, the federal government will need to "be proactive" and work fast to establish rules and regulations around cryptocurrencies, according to a crypto expert, a former Liberal MP, and the NDP's financ...

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