According to Deep Tide TechFlow news on May 15, CoinDesk reported that Coinbase Canada CEO Lucas Matheson urged the new government led by Mark Carney to quickly formulate a national crypto strategy at the Consensus 2025 conference in Toronto. Matheson suggested establishing a dedicated crypto task force within 100 days of taking office, clearly defining digital assets, regulating stablecoins, and allowing banks to safely hold cryptocurrencies. He emphasized that Canada needs a stablecoin pegged to the Canadian dollar, noting that current international remittance costs are as high as 6%-12%, whereas crypto technology can significantly reduce these fees. Matheson also stated that about 15% of Canada's population belongs to the underbanked group, and crypto technology can provide innovative solutions for them.
Matheson warns that if swift action is not taken, Canada may fall behind in the global crypto finance competition, forcing citizens to use foreign platforms, increasing risks and losing economic opportunities.