July 7, 2024

The Queens County Citizen

Complete Canadian News World

Cryptocurrency: Polyvre possesses assets while promoting

Group shots on Pierre Polyvre in the second debate

Conservative leadership candidate Pierre Poilievre has made no secret of his inclination towards cryptocurrency since the beginning of the campaign, as he owns assets in Bitcoin and wants to use them to combat ever-rising inflation.

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Poilievre said in a statement to the Federal Ethics Commissioner that it owns shares in Purpose Bitcoin Units, a Canadian-based fund that owns cryptocurrencies and trades on the Stock Exchange.

But according to his campaign team, he is not interested in encouraging Canadians to invest in this currency.

“Mr. Poeley spoke to the Commissioner of the Office of Interest and Ethics before commenting publicly on bitcoin policies,” spokeswoman Anthony Koch told CTV News in an email. “The bureau allowed him to do so without any problems.”

Interest in cryptocurrency does not preclude the candidate from “commenting on cryptocurrencies, engaging in negotiations and voting on public policy regarding cryptocurrency regulation”, according to the November Office email. Lastly and by media.

Recall that in his election race, the candidate proposed to ban the Bank of Canada from developing his own digital currency. He also argued that Canadians could freely use alternative currencies for their payments.

The value of bitcoin and many cryptocurrencies has fallen recently, however, sparking criticism about it from Mr Poylevre’s rivals.

Listen to the foci-robitail meeting at the Benoit Deutrizac microphone on QUB Radio:

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