Trudeau’s Resignation Could Open Door for Potential Shift in Canada’s Crypto Policy

Canadian Prime Minister Justin Trudeau’s decision to step down on Monday may open the door for a government more open to crypto, which has struggled to flourish under Trudeau’s anti-crypto/pro-CBDC position. Trudeau announced he will step down from his 11-year role as leader of the Liberal Party and Prime Minister, a position he has held since 2015. Critics in the crypto community have condemned the government’s decision to sanction digital wallets during the 2022 Freedom Convoy protests. Trudeau has been critical of crypto, mocking Conservative Party leader Pierre Poilievre for supporting ‘volatile cryptocurrencies.’ Trudeau has also advocated for the creation of a Canadian central bank digital currency (CBDC), which contrasts with crypto