Canadian committee proposes measures to support blockchain, crypto
The report, which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons. The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. As a result of the INDU’s deliberations, the committee made recommendations that they included in the reports for the consideration of the House of Commons or the government. As part of the recommendations stated in the report, the Government of Canada should recognize blockchain as an emerging industry with significant long-term economic and job creation opportunities. It should prioritize protecting individuals' right to self-custody and promoting safe and reliable access to digital assets. J...