Canadian Prime Ministerial Candidate Pierre Poilievre Supports Crypto and DeFi

CoinRank News: Pierre Poilievre, a popular candidate for Canadian Prime Minister, has expressed his support for cryptocurrencies and DeFi. Previously, in 2022, Poilievre invested in the Purpose Bitcoin ETF, demonstrating his commitment to digital assets, although his current holdings have not been disclosed. His campaign platform includes the establishment of favorable regulations for crypto companies and the treatment of crypto assets as commodities for tax purposes. Poilievre opposes the implementation of central bank digital currencies (CBDCs) and supports Bill C-400 to regulate CBDCs, while advocating for Canadians rights to use Bitcoin and other digital assets. Since 2004, Poilievre has advocated for reduced government intervention, greater economic independence, and the vision that Canadians can escape inflation through the use of cryptocurrencies. (cryptobriefing)