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Trudeau Out, Poilievre In? Canadian Politics & Crypto Collide

Author

Austin Hodge
January 08, 2025 • Read Time: 12 minutes

As Canada's political stage experiences a seismic shift with Justin Trudeau's departure, the spotlight now beams on Pierre Poilievre, the Conservative frontrunner backed enthusiastically by crypto heavyweights like Elon Musk and Coinbase's Brian Armstrong. With an 89% chance of clinching the Prime Minister seat, Poilievre's pro-Bitcoin stance captures the imagination of many in the digital currency world, stirring up speculation of a national Bitcoin reserve. Could this mark the dawn of a new economic era for Canada?

Let's dive in!

  • Trudeau’s resignation in Canada clears the way for pro-Bitcoin candidate, Pierre Poilievre, as 89% odds of winning Canada's PM election open doors for crypto. — Read More

  • Indonesia joins BRICS as a full member in a historic expansion move. — Read More

  • Bank of England interest rate cuts may not be enough to stabilize the struggling UK housing market, characterized by volatile prices, increased buyer sensitivity, and affordability challenges in 2025. — Read More

  • A crypto market peak in March 2025 is expected to precede a crash, according to Arthur Hayes. — Read More

  • HashKey Group gains EU foothold with Irish VASP licensing, expanding its regulated crypto services. — Read More

  • BIT Mining invests $14 million in Ethiopia for cost-efficient crypto mining leveraging its cheap electricity, 70% lower than Ohio's. — Read More

  • South Korea plans to ease regulations on corporate crypto trading by allowing institutional investors real-name accounts, suggesting a shift in the country's crypto policy. — Read More

  • OCBC introduces tokenized bonds for corporate accredited investors in Singapore, enhancing portfolio flexibility and diversification. — Read More

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