People Mentioned
Partner, Corporate, Calgary
The rapid rise of bitcoin in the 24 hours following the election victory of Donald Trump can be largely attributed to the potential for crypto-friendly regulations, says Matthew Burgoyne, partner and Co-Chair of the Digital Assets and Blockchain group in an interview with The Toronto Star.
“Until now, they (the U.S. Securities and Exchange Commission) have been taking an enforcement approach to regulation,” says Matthew. “A lot of crypto companies have left the U.S. because they haven’t had any regulatory certainty.” He notes that some cryptocurrency investors and companies have spent tens of millions of dollars lobbying for a less restrictive regulatory environment.
If you have a subscription to The Toronto Star, you can read the full article by author Josh Rubin published on November 6, 2024.
People Mentioned
Partner, Corporate, Calgary
