Canada’s Alberta Province Aims To Become North America’s Crypto Hub

Oil-rich Canadian province of Alberta aims to become North America's crypto hub
 Canada’s Alberta Province Aims To Become North America’s Crypto Hub
READING NOW Canada’s Alberta Province Aims To Become North America’s Crypto Hub

The oil-rich Canadian province of Alberta aims to become the crypto hub of North America.

Crypto investments by high-profile companies in Canada have increased faith in the industry in the country. With a rich entrepreneurial history, the province of Alberta wants to play an important role in the digital asset industry.

According to reports in the Canadian press, authorities are trying to position the province as a North American hub for companies providing trade and services related to the digital asset industry. Doug Schweitzer, a state official, said:

“It’s still in its infancy in Alberta. But I think there is an opportunity for Alberta to play a leadership role in Canada by creating a home for these venture firms”

Emile Scheffel, vice president of Brane Inc., when it comes to attracting innovative fintech companies, He said Alberta was “unique”.

The province is also known for being home to some of the cryptocurrency miners who had to leave China.

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