Trump’s campaign focuses on crypto, already in office in his first 100 days and has seen progress in supporting the crypto industry. Canada held its election on Monday. Can we expect to focus on other regional cryptography?
In today’s cryptography for advisors, Morva Rohani, Canada’s Web3 Council, explains what this political change means for advisors, why it’s important to align Crypto with the upgrades of the financial system.
Polymath’s Vincent Kadar then answers experts questions about Ask’s global trends.
– Sarah Morton
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Canadians voted. While digital assets are not a priority on the new government agenda, there is an opportunity to position crypto as part of Canada’s broader financial modernization efforts. Whether the liberals eventually form a narrow majority or a strengthening minority, the direction is clear. Stability is fragile, and political capital focuses on economic resilience.
That focus is only sharpened by his return to the Trump presidency. Its economic strategy includes both sweep tariffs on Canadian goods and open support for US crypto infrastructure. Against this backdrop, the Canadian digital assets sector must pivot its message.
Canadian Prime Minister Mark Carney’s career as a central banker points to his focus on systematic risk, monetary policy stability and careful innovation. Crypto is not a top agenda item, but Stablecoins, Payments modernization, and blockchain-based payment infrastructure can find a place under the umbrella of a wider modernization.
This means preparing for some new trends:
Efforts to regulate stubcoins to improve payment speeds and security
Possible custody reforms to expand client access to compliant digital asset solutions
Gradually move towards clearer regulations expectations with a focus on due diligence and market integrity
Crypto could be treated as a financial infrastructure rather than a speculative outlier, but only if the industry is strategically defending itself and positioning itself as part of Canada’s economic modernization.
Canada moves cautiously, but other markets are moving fast. The European Union’s MICA framework is currently live. The UK is working on a Stablecoin license. In the US, President Trump’s return has actively promoted crypto as part of his economic strategy, along with sweep tariffs on Canadian exports. This combination forced economic modernization to the top of Ottawa’s agenda.
Digital assets are increasingly being used not only as financial experiments but as economic tools. Trump’s stance has reconstructed the code as part of the nation’s competitiveness, with other jurisdictions responding. In order for Canada to remain relevant, integrating blockchain and digital payments into the country’s financial infrastructure is no longer an innovation play. It is becoming a strategic need. That’s if the industry needs to do it in Ottawa.
This is an overview of key crypto initiatives in various jurisdictions.
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Canada’s political landscape is changing. For the digital asset industry to make meaningful progress, crypto needs to be relocated as an essential financial infrastructure. The focus should be resilience, modernization and economic competitiveness, not speculation. Advocacy efforts must link digital assets to broader national priorities, including upgrading payment systems, increasing financial stability and maintaining Canada’s economic relevance in global economic change.
This approach is also important for advisors and investors. As regulatory frameworks evolve, the demand for exposure to obedient and diversified digital assets will only increase. How crypto fits into a reliable financial structure and who frames it as part of the broader modernization of financial services will be better positioned to acquire new opportunities.
Those who adopt this mindset early in both the industry and advisory sectors will not only help shape Canada’s next-generation financial regulations, but will be best positioned to benefit from subsequent growth and innovation.
-Morva Rohani, Executive Director of the Canada Web3 Council
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Q. How have recent US elections changed the crypto-regulation landscape?
A. The 2024 US election was marked by a major change in crypto regulations. Over the past three months, the Trump administration has made several important moves in line with the promises the president has made to the industry. This includes executive orders to establish a strategic reserve for Bitcoin, the appointment of crypto CZARs, the creation of cryptographic task forces, and roundtable discussions on topics such as taxonomy, tokenized securities, custody, registration, and debt. Even major regulators have revoked guidance discouraging banks from engagement in crypto.
All of these moves are in positioning the United States as a leader in the digital assets space. Given that the US crypto market is the largest and most influential in the world, these positive developments could help drive crypto regulations globally.
Overall, for the first time we are getting a crypto-friendly regulatory environment, but a clearer and more appropriate framework will take longer to establish.
Q. How do fragmented political landscapes around the world affect absurd development and adoption?
A. One of the best use cases for crypto, Stablecoins has become an important part of the financial system and naturally attracted regulatory scrutiny. However, the global regulatory environment remains fragmented and creates uncertainty.
In the US, authorities are actively working to regulate Stablecoin. However, the EU and Asia are not keen on the widely adopted locally US stubcoins, and are seen as potential threats to their own financial sovereignty. Stablecoins, after all, weaken local currency, allow capital flight, lead the country to digital fiat, and complicate the problem even more.
But the benefits of stubline, including its role as a hedge against inflation, as the world moves towards the digital financial system, can only be ignored by allowing financial inclusion, faster, cheaper cross-border payments, participation in debt, and even as a hedge against inflation. This means that countries must recognize stable popularity and increased demand, embrace innovation or take the risks left behind.
-Polymath, CEO, Vincent Kadar
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Hockey and Cryptography – Canadian crypto platform NDAX is partnering with the National Hockey League (NHL).
The UK has announced plans to work with the US to increase the “responsible” adoption of cryptography.
Will Arizona be the first US state to form the Bitcoin Reserve?
