There has been a rise in the adoption of digital assets in
Canada, what can help push it further into the mainstream?
Two major shifts need to occur. First, there must be bank
adoption in Canada. Currently, many banks are hesitant to solicit
interest in BTC or ETH. And many banks have “read the
room” and chosen to limit their digital asset services, if
provide any at all. This decision is multi-faceted relating not
only to client appetite for digital assets but having a capital and
regulatory framework that supports digital assets as well.
Second, the Spot U.S. BTC ETF approval by the SEC will spur
interest and institutional adoption globally, including in
Canada.
What are the red flags you look for when assessing investment
solutions?
