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Trump’s election campaign set its sights on cryptocurrency, showing immediate support for the industry right from the start of his presidency. Canada’s recent elections raise the question: Can we anticipate a similar emphasis on crypto in other regions?
In this week’s edition, Morva Rohani from the Canadian Web3 Council elaborates on the implications of this political shift for financial advisors and stresses the need to integrate cryptocurrency with financial modernization.
STORY CONTINUES BELOW
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Then, Vincent Kadar from Polymath responds to inquiries about global trends in our Ask an Expert section.
Canada’s Election: Crypto Must Align With Financial Modernization
Canadians have cast their votes. Although digital assets are not prioritized by the new government, there lies an opportunity to incorporate crypto into Canada’s broader financial modernization initiatives. As either the Liberal Party stakes a narrow majority or a reinforced minority, the path forward seems to indicate that political capital will center around economic resilience.
Financial Innovation Will Move Slowly but Surely
With the return of President Trump, whose economic strategy combines stringent tariffs on Canadian imports with vocal support for crypto development in the U.S., Canada’s digital asset sector must adapt its narrative accordingly.
- Emerging Trends:
- Regulation of stablecoins to enhance transaction speed and security
- Potential reforms for custody to broaden client access to compliant digital asset solutions
- Gradual establishment of clearer regulations positioned on due diligence and market integrity
For crypto to gain traction as crucial financial infrastructure, the industry must advocate strategically, integrating itself into Canada’s economic modernization strategy.
Global Pressures Speeding Up the Transition
As Canada proceeds cautiously, other markets are advancing swiftly. The European Union’s MiCA framework is implemented; the United Kingdom progresses on stablecoin licensing; and under President Trump’s leadership in the U.S., there’s a robust push for crypto-related initiatives, combined with significant tariffs on Canadian exports. These dynamics elevate economic modernization in Ottawa’s agenda.
Summary of Global Crypto Developments
| Jurisdiction | Key Development in 2025 | Status |
|---|---|---|
| Canada | Trading and custody reforms, lacking stablecoin structure | Partially Implemented but Fragmented |
| United States | Expanding crypto infrastructure initiatives | Accelerating |
| European Union | Comprehensive stablecoin framework via MiCA | Fully Implemented |
| United Kingdom | Progressing on stablecoin licensing | Underway |
| Australia | Stablecoin and trading legislation in progress | Underway |
| Singapore | Operational digital payment token licensing | Fully Implemented |
| Dubai (UAE) | Licensing regulations via Virtual Asset Regulatory Authority | Fully Implemented |
To drive the crypto agenda forward, the industry must focus on framing digital assets as essential financial infrastructure, prioritizing resilience, modernization, and global competitiveness instead of speculation.
