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Pierre Poilievre: The Bitcoiner Who Will Likely Become Canada’s Next Prime Minister

Pierre Poilievre: The Bitcoiner Who Will Likely Become Canada’s Next Prime MinisterNorth America may be on the cusp of a crypto golden era if it ends up with two pro-crypto heads of state. This Year Could See Two North American Pro-Crypto Heads of State Long before U.S. President Donald Trump was launching memecoins, Conservative Party of Canada (CPC) leader Pierre Poilievre was buying shawarmas with bitcoin […]

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Why Pierre Poilievre may not be Canada’s crypto savior

Canada’s potential future PM has endorsed crypto in the past, but industry executives warn it may harm his upcoming campaign.

Canadian Conservative front-runner Pierre Poilievre has become a darling among crypto proponents, who say he will usher in a new era of financial freedom — but others fear he has more to lose than gain by embracing crypto in this upcoming election cycle.

After former Canadian Prime Minister Justin Trudeau resigned on Jan. 6, crypto bigwigs were quick to rally behind Poilievre. Tesla CEO Elon Musk posted a video of Poilievre addressing inflation concerns, to which Brian Armstrong, CEO of crypto exchange Coinbase, replied, “Well said.”

The same day, Bitcoin Magazine CEO David Bailey boldly projected that “Pierre Poilievre will deliver Canada a Strategic Bitcoin Reserve.”

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Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Canada PM frontrunner once vowed to make the country a ‘crypto capital’

Canadian Prime Minister Justin Trudeau’s exit has put attention on opposition leader Pierre Poilievre, who has a history of pro-crypto comments.

Canadian Prime Minister Justin Trudeau’s plan to resign from the country’s top position has cast the spotlight on opposition leader and PM frontrunner Pierre Poilievre — who once promised to make the country a “crypto capital.”

In a March 2022 campaign event, a video of which has recently resurfaced online, Poilievre purchased a shawarma with Bitcoin (BTC) and promised a plan to “enable Canada to become the blockchain and crypto capital of the world.”

In a speech at the event, he attacked the central banking system and Canada’s crypto regulations. He also said Bitcoin could help Canadians “opt out” of inflation — comments which subjected him to Liberal Party attack ads in late 2023 after the crypto market drastically fell over that year.

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Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Canadian Prime Minister Justin Trudeau to Resign, Leaving Room for Pro-Bitcoin Leader Pierre Poilievre

Canadian Prime Minister Justin Trudeau to Resign, Leaving Room for Pro-Bitcoin Leader Pierre PoilievreCanadian Prime Minister Justin Trudeau has announced he will step down from his position, a move sparked by mounting political pressure as his party faces a likely defeat in upcoming elections. Canadian Prime Minister Justin Trudeau Steps Down Justin Trudeau‘s resignation, confirmed Monday, comes after a series of polls indicated that his Liberal Party is […]

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Polymarket users bet on Canadian PM resigning before official announcement

Canadian Prime Minister Justin Trudeau announced his resignation at a Jan. 6 press conference.

Canadian Prime Minister Justin Trudeau has announced he will step back as his political party’s leader and resign as prime minister once officials choose a successor. 

In a Jan. 6 press conference, Trudeau said Canada’s Liberal Party would select the next leader “through a robust, nationwide, competitive process.” Reports had suggested that the prime minister intended to announce his resignation amid calls from many members of Parliament to step down.

Canadian PM Justin Trudeau addressing the media on Jan. 6. Source: Guardian News

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Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Canada’s finance minister resigns, citing ‘serious challenges’ from US

Chrystia Freeland said she would remain a member of Canada’s parliament but had resigned from Prime Minister Justin Trudeau’s cabinet.

Chrystia Freeland, serving as deputy prime minister to Canadian Prime Minister Justin Trudeau, announced that she would step down as the country’s finance minister after being offered “another position” in the cabinet. 

In a Dec. 16 X post, Freeland said she had resigned from her position as finance minister after being offered another position in government by the Canadian Prime Minister. According to Freeland, she and Trudeau had “found [them]selves at odds” with policies, citing potential tariffs that United States President-elect Donald Trump has threatened to impose on Canada. 

“We need to take that threat extremely seriously,” said Freeland, referring to Trump’s proposed tariffs, adding: 

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Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

USDC Becomes First Stablecoin To Gain Compliance With New Canadian Crypto Asset Requirements

USDC Becomes First Stablecoin To Gain Compliance With New Canadian Crypto Asset Requirements

Circle announced this week that USDC became the first stablecoin to gain compliance with new Canadian digital asset regulations. Canada’s new regulations call for delisting noncompliant stablecoins after December 31st. Circle’s compliance means USDC, which aims to maintain a 1:1 peg with the US dollar, can trade on crypto exchanges in the Canadian market, according […]

The post USDC Becomes First Stablecoin To Gain Compliance With New Canadian Crypto Asset Requirements appeared first on The Daily Hodl.

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Circle Commits to Updated Canadian Stablecoin Regulatory Requirements

Circle Commits to Updated Canadian Stablecoin Regulatory RequirementsThe updated rules were introduced last year and outline several requirements for crypto exchanges and stablecoin issuers. USDC Issuer Circle Claims It Was First to Comply With Canada’s Interim Listing Rules Stablecoin issuer Circle, whose flagship product USDC has a current market capitalization of roughly $40 billion, issued a formal undertaking on Wednesday to Canadian […]

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After $1,000,000 Payment: Report

Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After ,000,000 Payment: Report

The chief executive of a crypto firm was reportedly kidnapped in Toronto and only freed after a $1 million ransom was paid. According to a new report by the Canadian Broadcasting Corporation (CBC), Dean Skurka, the CEO of crypto financial services firm WonderFi was kidnapped in downtown Toronto earlier this week and only released after […]

The post Crypto Firm CEO Kidnapped in Toronto, Held for Ransom and Then Freed After $1,000,000 Payment: Report appeared first on The Daily Hodl.

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData

Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations

Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin RegulationsThe Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024. The updated regulations emphasize transparency and investor protection, requiring stablecoin issuers to maintain appropriate reserves with qualified custodians and to publicly disclose information about their […]

Stablecoin Supply on Solana (SOL) Skyrockets Following Trump Memecoin Launch: CCData