加拿大的选举 - 加密必须与金融现代化保持一致

加拿大人投票了。尽管数字资产在新政府的议程中不是优先事项，但有机会将加密货币定位为加拿大更广泛的金融现代化工作的一部分。

The Canadian Web3 Council's Morva Rohani explains what the political shift means for advisors and why it’s important to align crypto with financial system upgrades in today's installment of Crypto for Advisors. Plus, Polymath's Vincent Kadar answers questions about global trends in Ask an Expert.

加拿大Web3理事会的Morva Rohani解释了政治上的转变对顾问的意义，以及为什么在当今为顾问的Crypto分期付款时，将加密货币与金融系统升级保持一致。另外，Polymath的Vincent Kadar回答了有关ASK专家的全球趋势的问题。

Canada’s Election — Crypto Must Align With Financial Modernization

加拿大的选举 - 加密必须与金融现代化保持一致

Canadians have voted. While digital assets are not a priority in the new government’s agenda, there is an opportunity to position crypto as part of Canada’s broader financial modernization efforts.

加拿大人投票了。尽管数字资产在新政府的议程中不是优先事项，但有机会将加密货币定位为加拿大更广泛的金融现代化工作的一部分。

Whether the Liberal Party ultimately forms a narrow majority or a strengthened minority, the direction is clear. Stability is fragile, and political capital will be focused on economic resilience—an arena where the digital asset sector can contribute.

无论是自由党最终形成狭窄的多数还是加强的少数派，这一方向都很明显。稳定是脆弱的，政治资本将集中在经济弹性上，这是一个数字资产行业可以贡献的舞台。

That focus has only sharpened with the return to office of President Trump, whose economic strategy includes both sweeping tariffs on Canadian goods and open support for crypto infrastructure in the United States.

随着特朗普总统的重返职务，这种重点才提高了，其经济战略既包括对加拿大商品的关税，又包括对美国加密基础设施的公开支持。

Against that backdrop, Canada’s digital asset sector must pivot its message. Financial innovation will move—but cautiously. Prime Minister Mark Carney’s background bodes well for an emphasis on systemic risk, monetary policy stability and prudent innovation.

在这种背景下，加拿大的数字资产部门必须传达其信息。金融创新将动动 - 但谨慎。总理马克·卡尼（Mark Carney）的背景非常出色，重点是系统性风险，货币政策稳定和审慎的创新。

Crypto will not be a top agenda item, but stablecoins, payments modernization and blockchain-based settlement infrastructure could find a place under a broader modernization umbrella. This means preparing for a few emerging trends:

加密货币将不会成为顶级议程项目，但是Stablecoins，付款现代化和基于区块链的定居基础设施可以在更广泛的现代化伞下找到一个位置。这意味着准备一些新兴趋势：

This potential for crypto to be treated as financial infrastructure rather than a speculative outlier depends on the industry's ability to advocate strategically and position itself as part of Canada’s economic modernization.

将加密货币视为金融基础设施而不是投机性异常的潜力取决于该行业在战略上倡导并将自己定位为加拿大经济现代化的一部分的能力。

Global pressures are accelerating the shift

全球压力正在加速转变

While Canada moves cautiously, other markets are moving fast. The European Union’s MiCA framework is now live. The United Kingdom is advancing stablecoin licensing. In the United States, President Trump’s return has brought an aggressive push for crypto as part of his economic strategy, alongside sweeping tariffs on Canadian exports. This combination has forced economic modernization to the top of the agenda in Ottawa.

尽管加拿大谨慎行动，但其他市场正在迅速发展。欧盟的云母框架现在已经存在。英国正在推进Stablecoin许可。在美国，特朗普总统的回归为他的经济战略的一部分带来了积极的推动，并与加拿大出口的高关税一起。这种结合迫使经济现代化升至渥太华议程的顶部。

Digital assets are increasingly being used as economic tools, not just financial experiments. Trump’s posture has reframed crypto as part of national competitiveness, and other jurisdictions are responding. For Canada to remain relevant, integrating blockchain and digital payments into the country’s financial infrastructure is no longer just an innovation play; it is becoming a strategic necessity. That is the case the industry will need to make in Ottawa.

数字资产越来越多地用作经济工具，而不仅仅是财务实验。特朗普的姿势已将加密货币作为国家竞争力的一部分，而其他司法管辖区也在做出回应。为了使加拿大保持相关性，将区块链和数字付款集成到该国的金融基础设施中不再仅仅是创新游戏。它正在成为战略上的必要性。该行业将需要在渥太华制造的情况。

Here’s an overview of where key crypto initiatives in various jurisdictions currently stand:

这是目前各个司法管辖区的主要加密计划的概述：

Jurisdiction

管辖权

Key Crypto Development 2025

关键加密开发2025

Status

地位

What comes next: a strategic pivot for industry and advisors

接下来会发生什么：行业和顾问的战略枢纽

Canada’s political landscape is shifting. For the digital asset industry to make meaningful progress, it must reposition crypto as essential financial infrastructure. The focus needs to be on resilience, modernization and economic competitiveness, not speculation. Advocacy efforts must tie digital assets to broader national priorities like upgrading payment systems, enhancing financial stability and maintaining Canada’s economic relevance in a changing global economy.

加拿大的政治格局正在发生变化。为了使数字资产行业取得有意义的进步，它必须将加密货币作为基本金融基础设施重新定位。重点需要放在韧性，现代化和经济竞争力上，而不是猜测。倡导努力必须将数字资产与更广泛的国家优先事项联系起来，例如升级支付系统，增强金融稳定性并维持加拿大在不断变化的全球经济中的经济相关性。

This approach matters for advisors and investors as well. As regulatory frameworks evolve, demand for compliant and diversified digital asset exposure will only grow. Those who understand how crypto fits into trusted financial structures, and who frame it as part of a broader modernization of financial services, will be better positioned to capture new opportunities.

这种方法对顾问和投资者也很重要。随着监管框架的发展，对合规和多元化的数字资产暴露的需求只会增长。那些了解加密货币如何适应可信赖的金融结构，并将其作为更广泛的金融服务现代化的一部分的人将是更好的定位，以捕捉新的机会。

Those who adopt this mindset early, across both the industry and advisory sectors, will not only help shape Canada’s next generation of financial regulation but will also be best placed to benefit from the growth and innovation that follow.

那些早期在行业和咨询部门都采用这种思维方式的人不仅将有助于塑造加拿大的下一代金融监管，而且最适合从随后的增长和创新中受益。

- Morva Rohani, Executive Director, Canadian Web3 Council

- 加拿大Web3理事会执行董事Morva Rohani

Ask an Expert

询问专家

Q. How have the recent U.S. elections changed the crypto regulatory landscape?

问：最近的美国大选如何改变加密监管格局？

A. The 2024 U.S. elections brought a major shift in the crypto regulatory landscape. Over the last three months, the Trump administration has made several significant moves in line with the promises the President made to the industry. This includes an executive order to establish a Bitcoin Strategic Reserve, the appointment of a Crypto Czar, the creation of a crypto task force, and, roundtable discussions on topics such as taxonomy, tokenized securities, custody, registration and DeFi. Even key regulatory bodies have rescinded their guidance that discouraged banks’ involvement in crypto.

答：2024年美国大选带来了加密监管景观的重大转变。在过去的三个月中，特朗普政府已与总统对该行业的承诺做出了多项重大举措。这包括一项行政命令，建立比特币战略储备，任命加密沙皇，创建加密货币工作队以及关于分类学，标记证券，托管，注册和defi等主题的圆桌讨论。甚至关键的监管机构也取消了他们的指导，即劝阻银行参与加密货币。

All of these moves have been in an attempt to position the U.S. as a leader in the digital asset space. Given that the U.S. crypto market is the largest and most influential in the world, these positive developments are likely to help drive crypto regulations globally.

所有这些举动都试图将美国定位为数字资产领域的领导者。鉴于美国加密货币市场是世界上最大，最具影响力的市场，这些积极的发展可能有助于推动全球加密法规。

Overall, for the first time, we are getting a crypto-friendly regulatory environment, though more clarity and a proper framework will take time to establish.

总体而言，我们第一次获得了对加密友好的监管环境，尽管更加清晰和适当的框架需要时间才能建立。

Q. How are fragmented political landscapes around the world affecting stablecoin development and adoption?

问：世界各地的政治景观如何影响Stablecoin的发展和采用？

A. One of the best use cases of crypto, stablecoins, has become a significant part of the financial system and naturally attracted regulatory scrutiny. But the global regulatory environment remains fragmented, creating uncertainty.

答：Crypto最好的用例之一，Stablecoins已成为金融体系的重要组成部分，并且自然吸引了监管审查。但是全球监管环境仍然分散，造成不确定性。

In the U.S

在美国