Bitcoin Reserve Might Be Established By Potential Next Canadian PM, Expert Suggests

Quick Summary:

According to several reports, Canadian Prime Minister Justin Trudeau may soon step down, potentially opening the door for a more Bitcoin-friendly government.

According to Reuters, Trudeau is "increasingly likely to announce he intends to step down,” although no final decision has been made.

He has also been a vocal opponent of Central Bank Digital Currencies, once stating emphatically, “There will be NO Central Bank Digital Currency.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryCanada

Topics: Btc Bitcoin Strategic Bitcoin Reserve Bitcoin price Bitcoin News Strategic Bitcoin Reserve Canada BTC news Pierre Poilievre Btc price Justin Trudeau Bitcoin news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-07 @ 03:30:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 542 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24947146

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About Bitcoinist

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Official Website: bitcoinist.com

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Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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