Canada Conservative Party Appoints Bitcoiner As New Leader

According to Politico, the Conservative Party of Canada chose Bitcoin-friendly MP Pierre Poilievre to be its new head.

Poilievre has frequently emphasized the biggest crypto as a hedge against inflation – Canada

The MP for the Ottawa region claims that his personal stake in Bitcoin doesn’t restrict him from making statements about matters relating to cryptocurrencies.

After a severe bitcoin drop, Poilievre’s offer to investors may have appeared dumb, but it didn’t harm the MP’s campaign.

Leslyn Lewis, the MP who was his closest rival in the contest, finished considerably behind him with only 68.15% of the vote. The following general election, anticipated to take place in 2025, would pit the right-wing populist against Canadian Prime Minister Justin Trudeau.

Since 2013, the Liberal Party’s leader, Justin Trudeau, has presided as prime minister of Canada. His third triumph came in September 2021 after he called a special election. The first nation to introduce a Bitcoin exchange-traded fund was Canada (ETF).

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