CoinVoice recently learned that according to Chainwire, the cryptocurrency news and analysis platform CCN released a new report on the Canadian cryptocurrency market. The report shows that the Canadian cryptocurrency market has expanded rapidly in the past year, and it is estimated that 10% of Canadians now hold some form of cryptocurrency. Bitcoin and Ethereum account for more than 60% of the total market share in Canada, while other alternative coins such as Solana and Chainlink are also gaining attention.
The report points out that increased institutional interest, favorable regulatory frameworks, and increased public awareness of digital assets are the main factors driving market growth.
In addition, new regulatory guidelines introduced by the Canadian government in 2024 further encourage cryptocurrency exchanges and individuals to participate more actively in the market. [Original link]
