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List of Flash News about Royal Bank of Canada crypto policy

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2025-05-12
14:41
Royal Bank of Canada Internal Crypto Policy Split: What Traders Need to Know in 2025

According to @kwok_phil on Twitter, a recent meeting with the Royal Bank of Canada (RBC) revealed a significant internal divide regarding cryptocurrency. The majority of RBC's decision-makers currently oppose crypto-related initiatives, outnumbering pro-crypto advocates by a wide margin (source: @kwok_phil, May 12, 2025). This strong anti-crypto stance from one of Canada's largest banks could limit institutional adoption and access to crypto products for Canadian traders, potentially slowing market expansion in the region. Crypto traders should closely monitor RBC policy shifts, as any move toward a more crypto-friendly approach could trigger increased liquidity and trading volumes in Canadian markets.

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