Chapter Wealthsimple: Canada has created favorable conditions for cryptocurrency projects – Bits Media

Founder of the Canadian investment company Wealthsimple Michael Katchen (Michael Katchen) considers, that Canada has already created favorable conditions for attracting cryptocurrency projects and that the state remains to create transparent legislation to regulate the industry.

Гендиректор Wealthsimple выступил
в Канадском экономическом клубе Торонто, stated, что блокчейн «очень интересная» технология, и регулирующие органы должны прояснить все налоговые и юридические вопросы, related to cryptocurrencies:

“The smartest people in technology and the smartest engineers are flocking to create applications in this field. We usually see this on the threshold of a major technological revolution.. Canada could be a leader, said: “We are ready to help the smartest people, who want to work on cryptocurrency projects, to create companies on the blockchain - do it in Canada!“»

Wealthsimple, According to him, participates in training users to invest in cryptocurrencies, because he sees “a hell of a lot of speculation” in this market. Katchen stated, that he is ready to help crypto companies join the country’s economy and work in accordance with regulatory requirements.

Katchen noted, that I've never been more optimistic about the future of Canada's tech industry. Companies like Wealthsimple and Shopify, According to him, helped create a base of qualified employees, who may become the second wave of entrepreneurs, launching cryptocurrency companies in Canada.

Recently, the Canadian restaurant chain Tahini's reported, that she saved her business thanks to investments in Bitcoin. However, against the background of the tightening policy of the Ontario Securities Commission regarding cryptocurrency exchanges, the Bitfinex trading platform with 1 марта прекратит предоставлять услуги клиентам из провинции.