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According to WonderFi CEO Dean Skurka, Canadian financial institutions are showing increased interest in cryptocurrencies due to unfolding regulatory clarity. Despite major exchanges exiting the Canadian market over stringent regulations, Skurka sees it beneficial for WonderFi, leading to increased activity and market consolidation.

“Jeremy Koven, president of CoinSmart, discusses the differential path of crypto regulations in various countries, emphasizing the clarity in Canada compared to the fragmentation in the US regulatory landscape. This perspective highlights regulatory hurdles possibly hindering US crypto growth.”