Internet reports that Coinbase Canada CEO Lucas Matheson urged the new government led by Mark Carney to quickly formulate a national encryption strategy at the Consensus 2025 conference in Toronto. Matheson suggested setting up a special crypto working group within 100 days of the government taking office to clearly define digital assets, supervise stablecoins, and allow banks to securely hold cryptocurrencies. He emphasized Canada's need for stablecoins denominated in Canadian dollars, pointing out that current international remittance costs are as high as 6%-12%, and encryption technology can significantly reduce these fees. Matheson also said that approximately 15% of Canada's population belongs to under-banked groups, and encryption technology can provide them with innovative solutions. Matheson warned that if it does not act quickly, Canada may fall behind in the global crypto-finance competition, forcing citizens to use foreign platforms, increasing risks and losing economic opportunities.