A bill has been introduced in Canada to encourage the growth of the crypto sector. cryptocurrency bitcoin $BTC
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who introduced the bill.
The bill requires Canada’s minister of finance “to develop a national framework to encourage the growth of the cryptoasset sector.” In addition, it requires the minister “to consult with persons working in the sector.” The lawmaker explained that government officials are discussing and setting policies on crypto assets. However, she pointed out that many lawmakers are not deeply familiar with what crypto assets are, how they function, or their big potential for economic growth.
“To be a world leader, Canada needs to make sure crypto asset experts and investors are telling us what policies they need, or what policies they don’t need,” she emphasized. “This bill requires the minister of finance to formally ensure that their voices help lead policy development.
According to the website set up to explain the legislation, the bill does not establish any particular policy for the regulation of cryptocurrency. “Instead, this bill creates a mechanism to formally engage the expertise of cryptoasset talent in policy development so that their voices lead the way. It ensures that the experts have a say in what policy they need, or don’t need,” the website describes.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Vaccine mandate protesters block U.S.-Canada border crossing in ManitobaPeople protesting vaccine mandates in Canada blocked the main U.S.-Canada border crossing in Manitoba today with a number of vehicles and farm equipment, police said. Three U.S.-Canada ports of entry are now either closed or delayed by several hours.
Les mer »
Bridge blockade in Canada threatens North American auto industryFord, Toyota and General Motors have had to shut down plants or otherwise curtail production on both sides of the U.S.-Canada border due to the blockade of the Ambassador Bridge between Detroit and Windsor, Ontario.
Les mer »
COVID-19 blockade protests in Canada shut down Ford plant amid tension over restrictionsFord warns the blockade protests at the Canadian border with Detroit could have widespread implications for the North American auto industry. Read more:
Les mer »
U.S. truckers traveling 70 extra miles, waiting hours to get into CanadaAs the Canadian Freedom Convoy truck blockade continues, U.S. truckers are struggling to get into Canada and have to reroute to unblocked bridges.
Les mer »
COVID-19 truck blockade in Canada shuts down Ford plantThe protest is blocking some traffic on a bridge that carries 25% of trade between the U.S. and Canada.
Les mer »
Ford, Toyota halt some output as U.S., Canada warn on trucker protestsFord and Toyota on Wednesday both said they were halting some production as anti-coronavirus mandate protesters blocked U.S-Canada border crossings that have prompted warnings from Washington and Ottawa of economic damage.
Les mer »