Canadian Prime Ministerial Candidate Pierre Poilievre Supports Crypto and DeFi

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Cointime2025/01/09 08:11

By:Cointime

popular Canadian Prime Minister candidate Pierre Poilievre has expressed support for cryptocurrency and DeFi. In 2022, Poilievre invested in the Purpose Bitcoin ETF, indicating his commitment to digital assets, although his current holdings have not been disclosed. His campaign platform includes developing favorable regulations for crypto companies and treating crypto assets as commodities for taxation purposes. Poilievre opposes the implementation of central bank digital currencies (CBDCs) and supports the C-400 bill to regulate CBDCs, while advocating for Canadians' right to use Bitcoin and other digital assets. Since 2004, Poilievre has been advocating for reduced government intervention, enhanced economic independence, and the vision that Canadians can use cryptocurrency to escape inflation.

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