Canada Drops Digital Tax to Restart U.S. Trade Talks
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BTCCSquare news:
Canada has removed its digital services tax on tech companies in a bid to restart trade negotiations with the United States. The MOVE signals a potential thaw in trade tensions between the two nations, though its broader implications for cross-border digital commerce remain unclear.
While the announcement lacks direct cryptocurrency references, regulatory clarity in U.S.-Canada trade relations could indirectly benefit digital asset markets. Stablecoin operators and blockchain-based payment providers may find easier compliance pathways if bilateral trade frameworks modernize to address digital economies.
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