As Canada prepares to vote, Coinbase is calling on the next government to take crypto seriously, warning that without clear regulations, the country could lose its competitive edge.

As Canada approaches a federal election, the country’s crypto future hangs in the balance, with Coinbase‘s Canadian country director Lucas Matheson warning that while the country has been a leader in the industry, it risks falling behind and becoming less integrated into the global digital economy.

In a Wednesday blog post, Matheson pointed to an estimated five million Canadians who already hold crypto, saying that “86% of Canadians agree their financial system could use an update.” Many also feel the system “is not fair for everyone (80%) and is out of touch (76%),” he added.

In early March, crypto.news …