Larry Maguire statements on crypto
The fact that the industry is being disparaged for political reasons is short-sighted and thoughtless. I would encourage all my colleagues in the House to go back to their respective caucuses and stress the need to support this bill and to turn down the rhetoric. I will tell members why as we move forward.
As the industry grows, I want to see those jobs and the wealth created by those innovators' ingenuity stay right here in Canada. I want Canada to be the best place in the world for the Web3 economy and blockchain innovation…. Blockchain technology can be utilized in various financial services, including remittances, digital assets and online payments, because it enables payments to be settled without a bank or other financial institution taking a cut. …The next generation of Internet interaction systems, including smart contracts, reputation systems, public services and security services, are among blockchain technology's most promising applications… I urge all of my colleagues to vote in favour of this bill.
