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Shakepay Pushes for Bitcoin Inclusion in RRSPs and TFSAs

September 12, 2024 by Newsdesk

Shakepay, a Montreal-based fintech, is calling for Bitcoin to be included as a qualified investment in Canada’s RRSPs and TFSAs. The company argues that Bitcoin has matured into a secure and reliable asset, making it a viable option for long-term financial planning.

Shakepay’s CEO emphasizes that direct Bitcoin investments differ from ETFs, offering more control and fewer counterparty risks. With over one million Canadian users, Shakepay believes the inclusion of Bitcoin in registered accounts would provide new diversification opportunities, similar to the U.S., where crypto is already allowed in retirement plans.

Want to know more? Check out the source code on Fintech.ca.

Filed Under: News Tagged With: Shakepay

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