Crypto Gloom

What is the encryption approach to Mark Carney in Canadian leadership?

Kani replaced the former Prime Minister Justin Trudo. In his 2018 speech by the British Bank, he was critical. Bitcoin. He also expressed concern about personal stablecoins and supported CBDC (Central Bank Digital Currency). Many people in the encryption community see CBDC against the core principles of cryptocurrency.

But Carney also said Canada wants to lead emerging technology. His platform for federal elections in 2025 mentions the development of AI, technology and digital industries.

His previous statement raises questions about his economic policies and methods with the tension of the US-Canadian trade. Encryption It fits his vision.

Carney’s view of Bitcoin

Carney dismissed as he led the British bank. Bitcoin As a poor call. He insisted that Bitcoin failed.

  • Worm
  • Exchange media
  • Account unit

He said once.

His conclusion? “The short answer is that they fail.”

Concerns about personal stablecoin

Kani also criticized the historical site. stablecoins. In 2021 he said he should follow a similar regulation to a traditional bank. He suggested that there should be stablecoins.

  • Liquidity requirements
  • Central bank qualification
  • Protection for depositors

He also warned that it could be fragmented for too much stable stable system.

Carney suggested that well -controlled CBDC could solve this problem. He claimed to be a sleeve CBDC API access of private companies can improve payment efficiency and financial stability.

Carney supports regulations that are not prohibited

In 2018, Carney told Bloomberg that the cryptographic exchange needed better regulations. He warned that he could manipulate the encryption market without directors.

Carney believed that the best Cryptocurrencies would move to the best regulatory exchange. Also proposed even if some encryption failed. regulationIt is a good thing.

Despite his concerns, Carney recognized the potential of the blockchain. He said policy makers should not block innovation and that new technologies can improve financial stability and efficiency.

2025 election and encryption

The next federal election in Canada will be held on October 20, 2025, but can happen earlier.

Carney will face a conservative candidate pierre poiliusvre. POILIEVRE vocals for his support for Crypto. In 2022 he said he wanted to make Canada a blockchain hub and create thousands of jobs in this sector. He also insisted that Crypto could help Canadians to “control” money.

Nevertheless, experts say that encryption will not be a major election. Morva Rohani Canada Web3 CouncilMost Canadians said they were indifferent or skeptical about encryption. More concerns are as follows:

  • Housing economy
  • inflation
  • immigrant

Another major problem is the trade war with the United States. This dispute began when former President Donald Trump imposed. tariff In Canada, Mexico and China.

Trudeau’s response to US tariffs helped the Liberal Party in a poll. Carney’s economic tension with the United States can be more important than encryption on election opportunities.