#crypto currency

The Liberal government is committing to roll out new legislation to ensure some digital currencies are secure and stable enough for consumers and businesses to use. The initiative announced in the 2025 budget is part of the government’s payments modernization plan that it says will “deliver more secure innovative payments for Canadians.” The budget said the forthcoming legislation will require issuers of stablecoins, a type of cryptocurrency that is backed by real currencies or commodities like gold, to maintain asset reserves to manage risk and protect consumers. The legislation will also require issuers to meet national security standards to protect Canadians’ sensitive and personal information.

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"It is impossible for capitalism to survive, primarily because the system of capitalism needs some blood to suck. Capitalism used to be like an eagle, but now it’s more like a vulture. It used to be strong enough to go and suck anybody’s blood whether they were strong or not. But now it has become more cowardly, like the vulture, and it can only suck the blood of the helpless. As the nations of the world free themselves, capitalism has less victims, less to suck, and it becomes weaker and weaker."

- Malcolm X

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