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Coinbase's CEO in Canada calls on the government to accelerate the formulation of a national crypto strategy

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May 15, 2025

Lucas Matheson, CEO of Coinbase Canada, called on the newly appointed Mark Carney government to accelerate the formulation of a national crypto strategy at the 2025 Consensus Conference. He recommended establishing a crypto task force within the government's first 100 days to define digital assets, regulate stablecoins, and promote banks' secure custody of crypto assets. He also proposed creating a Canadian dollar stablecoin to enhance financial efficiency.

Matheson pointed out that 15% of Canada's population is underbanked. While crypto technology can drive innovation, without swift action, Canada risks falling behind in the global crypto competition. (CoinDesk)

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