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Canada’s New Plan to Boost Blockchain and Cryptocurrency

The post Canada’s New Plan to Boost Blockchain and Cryptocurrency appeared first on Coinpedia Fintech News

A Canadian committee has proposed new measures to support the blockchain and cryptocurrency industries. The proposal includes developing a national strategy for the adoption of blockchain technology in finance, healthcare, and government, creating a regulatory sandbox to reduce compliance costs and foster innovation for startups, and exploring the possibility of introducing a national digital currency. These actions aim to establish Canada as a leader in the rapidly evolving blockchain and cryptocurrency industries and spur innovation and economic growth in the presence of a supportive regulatory environment.

By positioning itself as a leader in blockchain and cryptocurrency, Canada aims to attract investment, talent, and innovation, ultimately driving economic growth and establishing a competitive advantage on the global stage. The proposed measures provide a fertile ground for projects like ACTS Token to thrive, as they align with the country’s vision for a supportive regulatory environment that encourages entrepreneurship and technological advancement.

Read More The post Canada’s New Plan to Boost Blockchain and Cryptocurrency appeared first on Coinpedia Fintech News
A Canadian committee has proposed new measures to support the blockchain and cryptocurrency industries. The proposal includes developing a national strategy for the adoption of blockchain technology in finance, healthcare, and government, creating a regulatory sandbox to reduce compliance costs and foster innovation for startups, and exploring the possibility of introducing a national digital currency.… 

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