The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change.
Cryptocurrency exchange Coinbase’s project advocating digital asset regulation will expand to Canada after launching initiatives in the United States and the United Kingdom.
In an announcement shared with Cointelegraph, a Coinbase spokesperson said the exchange would launch its Stand With Crypto Canada campaign on July 12 to educate Canadians about crypto and blockchain. The spokesperson hinted that Coinbase would use the initiative to “deepen [policymakers’] understanding of the opportunities presented by emerging technologies like blockchain.”
The US Stand With Crypto initiative lists the pro- and anti-crypto statements many prospective candidates for federal, state, and local offices have made. The project also launched a political action committee in May to support candidates in the 2024 election.