The U.S. has struggled for crypto clarity. Canada may have the answer

TORONTO — Canada has quietly become a global leader in digital assets. Canada was among the first countries to enact rules for crypto, starting with anti-money laundering guidelines in 2014. The country has repeatedly evolved its regulatory guidance in recent years, while U.S. lawmakers remain stuck in gridlock — even with a pro-crypto White House and a Republican-controlled Congress. That regulatory clarity has made Toronto a launchpad for blockchain growth, and Wall Street is taking notice. Robinhood 's recent acquisition of Canadian crypto firm WonderFi, owner of Bitbuy and Coinsquare, plugs it into Canada's established user base. "Canada is a very attractive market for us," said Johann Kerbrat, Robinhood's crypto chief. "It's projected to be more than 30 million users using crypto here in Canada, with revenue projections of about $900 million in 2025." The company's decision to spend just under $180 million to buy WonderFi, which has one of the longest-standing crypto licenses ... Read full article.