According to a blog post by Coinbase, the Canadian House of Commons Parliamentary Standing Committee on Industry and Technology (INDU) has released a report exploring the potential of blockchain technology and cryptocurrency in Canada. The report acknowledges the value of blockchain technology and includes 16 recommendations. Coinbase, as part of its International Expansion strategy, is excited about these recommendations and their potential for the Canadian market. The company has been engaging with policymakers and regulators in Canada. The report highlights the need for consumer protection and regulatory clarity, the establishment of a national blockchain strategy, and an innovative regulatory approach to cryptocurrencies and stablecoins. The committee suggests that the federal government recognize blockchain as an emerging industry and improve consumer protection. They also recommend the establishment of a national blockchain strategy and innovative pilot projects. Coinbase supports these recommendations and believes they will propel Canada forward as a leader in the crypto economy.
Continue reading on Cryptoglobe.com
By
By
By
By
By