Coinbase is set to launch its Stand With Crypto initiative in Canada after previously introducing similar efforts in the United States and the United Kingdom.
Starting July 12, Coinbase will roll out the Stand With Crypto Canada campaign to educate Canadians about cryptocurrency and blockchain technology. The campaign aims to enhance policymakers’ understanding of the benefits and opportunities of these emerging technologies.
In the U.S., the Stand With Crypto initiative tracks statements from political candidates regarding cryptocurrency and has established a political action committee to back candidates in the 2024 elections.
The Canadian campaign is expected to advocate for clearer crypto regulations and updates to the financial system, responding to what Coinbase describes as a strong public interest in these issues. Canada’s next federal election is scheduled to take place before October 2025, when voters will choose members of the House of Commons.
Lucas Matheson, CEO of Coinbase Canada, explained that the initiative is part of a larger strategy to engage with Canadian communities and policymakers. The campaign will include educational workshops and seminars, encourage dialogue between industry leaders and government officials, and support the creation of research and policy papers.
Summary Review: Coinbase is expanding its Stand With Crypto initiative to Canada, following similar efforts in the U.S. and the U.K. The new campaign, starting July 12, will focus on educating Canadians about cryptocurrency and blockchain technology. It aims to influence crypto regulation and update Canada’s financial system in response to growing public interest. The initiative includes workshops, seminars, and dialogue with policymakers, as well as supporting research and policy development. This move aligns with Coinbase’s international strategy to proactively engage with local communities and government officials.
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