#398: Lucas Matheson, CEO of Coinbase Canada, on Crypto in Canada, Institutional Interest, and Improving Crypto Literacy in Canada

Lucas Matheson is the CEO of Coinbase Canada. He is committed to helping create a more equitable financial system in Canada through the power of blockchain.

Lucas has always believed in Coinbase’s mission. He opened his Coinbase account back in 2014, long before joining the company. In his role, he ensures Coinbase is built for Canadians and with their interests in mind. Working with partners, government and regulators, he is making crypto more accessible to Canadians.

Prior to Coinbase, he was the founder and CEO of Pinshape (exit Formlabs), and Senior Director at Shopify leading various operational and finance teams.

Lucas is passionate about entrepreneurship. He spends his spare time advising entrepreneurs and founders on how they can grow and scale, and actively invests in web3 projects and infrastructure.

In this conversation, we discuss:
- Coinbases’s journey back into Canada
- Making it really easy to move into and out of Coinbase
- Canada was the first country to allow ETFs
- Canadian paycheques depreciate by 8% per year
- Banks vs Exchanges in Canada
- Outlook for crypto in Canada in 2025 after BTC hitting all-time high
- Impact of the US election on Canadian crypto industry
- State of crypto in Canada and Stand With Crypto's role
- Regulatory landscape in Canada
- Current crypto adoption rates in Canada and predictions for 2025.
- The growth of institutional interest in crypto in Canada and how Coinbase Canada is supporting this transition.
- The impact of Canadian financial institutions embracing or resisting crypto.
- Efforts to improve crypto literacy in Canada.

Coinbase
Website: www.coinbase.com
X: @coinbase
Facebook: www.facebook.com/Coinbase

Lucas Matheson
X: @lucmatheson
LinkedIn: Lucas Matheson, MBA, CFA

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