Canadian crypto firms face a divide in the banking sector, with ATB Financial welcoming digital asset businesses while larger banks refuse to engage. ATB Financial, a government-owned bank in Alberta, has become a key ally for crypto companies in Canada, attracting blockchain businesses and aiming to generate significant revenue from crypto and tech by 2030. Despite increased regulation in the country, major Canadian banks are reluctant to provide financial services to crypto firms due to compliance concerns, regulatory uncertainty, and the risks associated with digital assets. In contrast, the US has seen banking restrictions on crypto firms driven by government policies rather than hesitancy from the industry. Tensions between Canada and the US have also contributed to market uncertainty, but sentiment has stabilized following a temporary pause on tariffs imposed by the US on Canadian goods.



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