19.3 C
London
Friday, August 19, 2022
HomeBusinessWhere are we today, and where are we heading? By Cointelegraph

Where are we today, and where are we heading? By Cointelegraph

Date:

Related stories

Advantages of Windows 10 Activator Txt

Computers have made the life of human beings run...

Why do small businesses need professional web design services?

Web design is an essential element of digital marketing–...

Unique Methods of Relaxation That Are Surprisingly Effective

It might not make sense, but everyone knows what...

Morgan Stanley downgrades Elanco to equal weight on profit questions

Morgan Stanley is moving to the sidelines on...

M&N Locksmith Chicago: Locksmith Services – Experience The Difference With Us!

Locksmithing is an age-old industry. People would usually use...


Crypto in Canada: Where are we today, and where are we heading?

Digital currencies are quickly becoming more mainstream within the Canadian financial landscape. Alongside this increased adoption, Canada has been relatively successful at creating a stable regulatory environment. In 2014, Canada established itself as a leader in the global digital asset space when the Canadian Parliament became the first government in the world to pass a national law on digital currencies. Since then, Canadian regulators have remained fairly proactive in their approach toward cryptocurrency, taking a cautious-yet-optimistic stance in an attempt to promote innovation while still protecting investor interests.

Especially in comparison to other international jurisdictions, which either impose stricter policies or harbor a more laissez-faire attitude, Canada’s supportive environment to cryptocurrency is reflected in some of the options offered to startups experimenting with digital asset technology.

Desiree Smith is a Canadian lawyer with a passion for emerging technologies and innovation. Fintech and blockchains are her main specialties, and she is currently the director of business and legal affairs at Coinsquare, a crypto exchange based in Canada. In addition to her role at Coinsquare, Desiree also teaches a crypto course at Ryerson University that focuses on legal, governance, risk and compliance issues surrounding blockchain, smart contracts and cryptocurrency technologies.