Blockchain Regulation in Canada presented by Kraken | Blockchain Futurist Conference 2023

"Expert insights onBlockchain Regulation in Canada, presented by Kraken, at the Blockchain Futurist Conference 2023. Industry perspectives on regulatory clarity, stablecoins, and consumer protection, with a focus on balancing growth and competition."

Key takeaways
  • Clear regulatory environment in Canada is a positive
  • Securities regulators need to improve approach to prevent capturing non-security aspects of crypto
  • Need to balance consumer protection with responsible growth and fair competition
  • Stablecoins need more regulatory clarity and proper treatment
  • Institutions are interested in stablecoins, but want regulatory clarity
  • Canada has a unique advantage in crypto regulation, needs to be competitive
  • Need to work with regulators to provide clear guidance for industry
  • Blockchain and self-custody provide freedom for individuals
  • Consumer education is key to preventing fraud
  • Regulatory environment in Canada is clear, need to build on it
  • Industry needs to work with regulators to provide feedback on regulatory framework
  • Industry participants have data and experience to provide feedback on regulatory framework
  • Tax rules need to be changed to offer ETFs globally
  • Self-custody is key to providing financial freedom
  • Industry needs to work together to provide guidance for regulatory framework
  • Regulatory framework needs to balance consumer protection with responsible growth and fair competition
  • Institutions are interested in stablecoins
  • Industry needs to work with regulators to provide clear guidance for stablecoins