A new report from Shakepay reveals that over 90% of crypto asset holders voted in Canada’s last federal election, making them a highly engaged voting bloc. With five million crypto holders nationwide, the sector’s $3-trillion global footprint is influencing political preferences.
The report finds that 90% of crypto voters support parties that advance bitcoin-friendly policies, including allowing bitcoin in TFSAs and RRSPs. Describing crypto holders as young, tech-savvy, and financially literate, Shakepay warns that Canada’s cautious stance on bitcoin could leave it behind other jurisdictions embracing digital assets as strategic reserve assets.
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