Trump’s election campaign focused on crypto, and already during its first 100 days in power, we have seen progress in the support of the cryptography industry. Canada held an election on Monday – can we expect the same concentration on crypto in other regions?
In today’s crypto for advisers, Morva Rohani of the Canadian Web3 Council explains what this political change means for advisers and why it is important to align the crypto with upgrades to the financial system.
Then, Vincent Kadar of Polymath answers questions on global trends in Ask A Expert.
– Sarah Morton
Election of Canada – Crypto must align itself with financial modernization
Canadians voted. Although digital assets are not a priority in the agenda of the new government, it is possible to position the crypto as part of Canada’s broader financial modernization efforts. Whether the liberal party finally trains a narrow majority or a reinforced minority, the management is clear. Stability is fragile and political capital will be focused on economic resilience.
This orientation was only sharpened with the return to the office of President Trump, whose economic strategy includes both radical prices on Canadian goods and open support for cryptographic infrastructure in the United States. In this context, Canada’s digital asset sector must rotate its message.
Financial innovation will evolve – but cautiously
The history of Canadian Prime Minister Mark Carney as a central banker indicate a concentration on systemic risk, the stability of monetary policy and prudent innovation. Crypto will not be an element of the agenda, but the stablecoins, the modernization of payments and the Blockchain -based settlement infrastructure could find a place under a wider modernization umbrella.
This means preparing some emerging trends:
- Efforts to regulate stablecoins where they improve the speed of payment and safety
- A potential thrust for custody reforms which would expand customer access to compliant digital asset solutions
- A progressive development towards clearer regulatory expectations, emphasizing reasonable diligence and market integrity
Crypto has the potential to be treated as financial infrastructure rather than an aberrant speculative value, but only if the industry strategically defends and is positioned as part of Canada’s economic modernization.
Global pressures accelerate the change
While Canada moves with caution, other markets move quickly. The European Union Mica framework is now live. The United Kingdom increases the Stablecoin license. In the United States, President Trump’s return brought an aggressive thrust for the crypto as part of its economic strategy, alongside Canadian export rates. This combination forced economic modernization at the top of the agenda in Ottawa.
Digital assets are increasingly used as economic tools, not just financial experiences. Trump’s posture has cropped the crypto in the context of national competitiveness, and other jurisdictions react. For Canada to remain relevant, the integration of blockchain and digital payments into the country’s financial infrastructure is no longer just an innovation game; It becomes a strategic necessity. This is the case that the industry will have to do in Ottawa.
Here is an overview of the site of the main crypto initiatives in various jurisdictions currently:
Jurisdiction |
Crypto-Clé 2025 development |
Status |
|---|---|---|
| Canada | The rules of negotiation against cryptographic platforms and the requirements of childcare are in place but require a reform and greater national coherence. There is still no clear framework for stablescoins. | Partially implemented but fragmented |
| UNITED STATES | Rapid expansion of cryptographic infrastructure initiatives within the framework of the Trump administration; Not yet a complete federal framework | Acceleration |
| European Union | Complete regulatory framework for stablescoins, trading platforms and tokens supported by assets via mica | Fully implemented |
| United Kingdom | Stablecoin license license and warning rules of cryptography advancing towards completion | In progress |
| Australia | Classification of finished tokens; Legislation for stablescoins and current trading platforms | In progress |
| Singapore | The license plan for fully operational digital payment tokens; Delete the rules of stablecoin and guard in place | Fully implemented |
| Dubai (Water) | Complete license for virtual assets and cryptographic companies through the Virtual Asset Regulatory Authority | Fully implemented |
What comes then: a strategic pivot for industry and advisers
Canada’s political landscape is changing. For the digital asset industry to make significant progress, it must reposition crypto as an essential financial infrastructure. Emphasis must be placed on resilience, modernization and economic competitiveness, not speculation. Advocacy efforts must link digital assets to larger national priorities such as upgrading of payment systems, improving financial stability and maintaining Canada’s economic relevance in an evolving global economy.
This approach is also important for advisers and investors. As regulatory executives are evolving, the request for exposure to compliant and diversified digital assets will only grow. Those who understand how the crypto integrates into financial structures of trust and which frame it in the context of a broader modernization of financial services, will be better placed to seize new opportunities.
Those who adopt this state of mind early, in the industry and consulting sectors, will not only help the next generation of financial regulation of Canada, but will also be the best placed to benefit from the growth and innovation that follow.
– Morva Rohani, Executive Director, Canadian Web3 Council
Ask an expert
Q. How did the recent American elections changed the regulatory landscape of cryptography?
A. The US elections of 2024 inaugurated a major change in the regulation of cryptography. In the past three months, the Trump administration has made several important movements in accordance with the promises that the president has made to industry. This includes an executive decree to establish a Bitcoin strategic reserve, the appointment of a cryptographic tsar, the creation of a crypto working group and round discussions on subjects such as taxonomy, tokenized titles, custody, recording and challenge. Even the main regulatory organizations have canceled their advice which have discouraged the participation of banks in the crypto.
All these movements have tried to position the United States as a leader in the space of digital assets. Since the American cryptography market is the largest and most influential in the world, these positive developments are likely to help stimulate cryptographic regulations worldwide.
Overall, for the first time, we get a user -friendly regulatory environment, although more clarity and an appropriate framework take time to establish.
Q. How do the fragmented political landscapes in the world affect the development and adoption of stablescoin?
A. One of the best cases of use of crypto, stablecoins, has become an important part of the financial system and naturally attracted a regulatory examination. But the global regulatory environment remains fragmented, creating uncertainty.
In the United States, the authorities are actively working on Stablecoin regulations. However, the EU and Asia does not hold the stablescoins with the United States to obtain a locally general adoption, considering them a potential threat to their own monetary sovereignty. The stablecoins, after all, undermine local currencies and allow capital Flight, leading countries to digital fiat, which still complicates the question.
But with the world evolving towards a digital financial system, the advantages of stablecoins – including financial inclusion, faster and cheaper cross -border payments, allowing the participation of challenge and even serving as a coverage against inflation – simply cannot be ignored. This means that countries must recognize the growing popularity and demand for stablecoins, and adopt innovation, or risk being left behind.
– Vincent Kadar, CEO, Polymath
Continue to read
- Hockey and Crypto – The Canadian Crypto platform NDAX joins the National Hockey League (NHL).
- The United Kingdom has announced its intention to collaborate with the United States to increase the “responsible” adoption of the crypto.
- Will Arizona become the first American state to form a Bitcoin reserve?
