2024 Blockchain Futurist Conference | Canada's Largest Web3 Event! | Day 1

Join industry leaders at Canada's largest Web3 event to explore crypto adoption challenges, regulatory developments, institutional trends & the future of blockchain technology.

Key takeaways
  • Canada has world-class developers, thriving communities and was the birthplace of Ethereum, yet lacks political champions to enable broader crypto adoption

  • Regulatory clarity exists in Canada but fragmentation between provinces creates challenges - better alignment and harmonization needed between jurisdictions

  • Stand With Crypto advocacy group aims to help educate public officials and increase voices supporting digital assets in Canada

  • Institutions manage ~80% of wealth in Canada but need more education and capacity around digital assets to enable diversification into crypto

  • Japan taking strict but supportive regulatory approach focused on consumer protection and transparency for crypto adoption

  • ETF approvals in US shifting institutional mindsets and validating crypto as legitimate asset class

  • Key challenges preventing mass adoption: usability barriers, technical complexity, regulatory uncertainty, volatility concerns

  • Alberta positioning itself as crypto-friendly jurisdiction with regulatory sandboxes, low corporate taxes and utilities costs

  • Staking and restaking present new opportunities but also risks around smart contracts, slashing, and concentration that need consideration

  • Social investing and community elements becoming more important for retail adoption, especially around meme coins and speculation