Cryptocurrencies gaining traction among Conservatives
CTV
Conservative MP Michelle Rempel Garner says she hopes her bill to help grow the cryptocurrency sector will get Canadian legislators talking about it in a non-polarized way.
The private member's bill she introduced in February, which is scheduled for debate in the House of Commons tonight, would compel the government to consult experts and create a plan for crypto assets within three years.
Many Canadians are still confused by how digital currencies, like Bitcoin, even work and exist in Canada. Rempel Garner thinks regulators and law-makers feel similarly lost.
Cryptocurrencies gained a lot of attention when protesters in big rigs blockaded access to Parliament Hill for several weeks beginning in January. Those involved turned to digital assets as a way to collect donations after being dumped by GoFundMe and seeing funds generated by another online fundraising site frozen by an Ontario court.
"We have this sort of rigid polarization, where … 'crypto is the devil, it's terrible, it's going to ruin your life to crypto is the saviour, it's going to liberate all things,"' Rempel Garner said Tuesday.
