Shakepay

I did not know much about Bitcoin until my husband, originally from Venezuela, told me about its utility as a savings tool, especially during periods of economic uncertainty. Even though Canada is a relatively stable country, there is no denying that Bitcoin is a strong store of value that Canadians should, if they want to, be able to incorporate into their long-term savings plans. This is why we are recommending that the Government of Canada extend the definition of qualified investments eligible for tax-advantaged savings plans (RRSPs, TFSAs) to include Bitcoin. Canadians deserve more options when it comes to their retirement savings, and we at Shakepay appreciate the opportunity to share with Finance Canada / Finances Canada why Bitcoin should be one of these options. Massive kudos to Eric Richmond and Carlo Campisi on getting this across the finish line. If you support this, please write your local MP and tell them why you think Bitcoin should be classified as a Qualified Investment in Canada.

At Shakepay, we are working hard to revolutionize the financial landscape by bringing Bitcoin to every corner of Canada. With the rising cost of living and soaring interest rates, it’s more important than ever that we transform how Canadians save for their future. We are doing this by simplifying the way Canadians interact with Bitcoin so that it becomes easy to use, more accessible and a trusted part of our country’s financial future. Read more about our story and what we have planned here:  https://t.co/wvX0WJctpZ

In Canada, you can't deposit bitcoin into your RRSP or TFSA. You can hold a bitcoin ETF and incur a management fee, but not bitcoin directly. In the US, you can hold bitcoin in a registered account. At Shakepay were trying to change this. Its time to modernize 🇨🇦's tax rules As most know, Bitcoin is not classified as a qualified investment in Canada, meaning you can’t deposit it directly in a tax-advantaged savings account, such as an RRSP or TFSA. This needs to be fixed. Canada should consider approaches taken by other jurisdictions like the US, where Bitcoin can be held in registered accounts. Canadians can hold Bitcoin ETFs in registered accounts, but direct Bitcoin holdings do not receive the same treatment. This requires Canadians to incur Bitcoin ETF fees if they wish to include Bitcoin in their registered accounts. This structure disadvantages investors. We appreciate Finance Canada / Finances Canada's consultation. See Shakepay's submission where we advocate for these changes, aiming to provide Canadians with more options for their retirement savings. https://lnkd.in/grHjE-dj

Jean Amiouny and I spoke with BetaKit about how Shakepay is revolutionizing the financial landscape for Canadians by making Bitcoin accessible and easy to use. Dive in to learn more about the Shakepay story and vision and why I decided to join this unique and exciting company earlier this year! I’m proud to be part of a team that is dedicated to empowering Canadians with the tools they need to interact with Bitcoin and their money in a more efficient and secure way. Look out for the bus coming to a city near you to earn free Bitcoin and groceries! https://t.co/wvX0WJctpZ #FinTech #Bitcoin #Crypto #Canada #Shakepay

Jean Amiouny and I spoke with BetaKit about how Shakepay is revolutionizing the financial landscape for Canadians by making Bitcoin accessible and easy to use. Dive in to learn more about the Shakepay story and vision and why I decided to join this unique and exciting company earlier this year! I’m proud to be part of a team that is dedicated to empowering Canadians with the tools they need to interact with Bitcoin and their money in a more efficient and secure way. Look out for the bus coming to a city near you to earn free Bitcoin and groceries! https://t.co/wvX0WJctpZ #FinTech #Bitcoin #Crypto #Canada #Shakepay

Shakepay had an amazing week attending the Canadian Blockchain Consortium's Alberta Trade Delegation during the Calgary Stampede. Represented by our very own Head of Policy, Sophia Cote, it was an honour to discuss our industry with Premier Danielle Smith, Minister Dale Nally, Minister of Technology and Innovation Nate Glubish, Assistant Deputy Minister Chris Merriman, and regulators from the Alberta Securities Commission. We spoke a lot about how the Province of Alberta supports our industry and has done so much to allow companies like Shakepay to grow, thrive and innovate. Thank you Koleya Karringten for all your work getting this incredible week organized. Here is to more amazing conversations and events in the beautiful province of Alberta! #digitalassets #bitcoin #fintech

Calling all shakers! We’re hiring 🚀 We’re growing fast and believe the best future for our customers is led by those who have experienced Shakepay - its strengths, its beauty, its pain points. If you’re interested in bringing the power of Bitcoin to every Canadian, come make our fiery team even more fiery 🔥 A few roles that we want to highlight: ⭐️ Intermediate Software Engineer and Senior Software Engineer ⭐️ Senior Product Designer ⭐️ Content Strategist Additional open roles: https://lnkd.in/gkXXuUh5 Help us fill these roles by referring a friend, too. If we hire your referral and they’re employed for at least three months, we’ll send $1,000 in Bitcoin to your shaketag. Just make sure they mention your name or shaketag in their application or interview process. Onwards!

Our very own Eric Richmond will be taking the stage on Thursday at this year’s Payments Canada Summit! Joining him will be industry leaders Lucas Matheson from Coinbase, David Filion from RBC, and Merici Young from Compass Consulting. Together, they'll dive into the future of Bitcoin and retail banking. This promises to be an incredibly insightful discussion about how decentralized digital currencies are reshaping the financial landscape in Canada.

Shakepay se réjouit de voir que le gouvernement du Canada a pris des mesures significatives concernant les services bancaires axés sur le consommateur. Dans son budget présenté aujourd'hui, le gouvernement du Canada a établi un cadre clair pour les services bancaires axés sur le consommateur, le gouvernement crée ainsi les conditions qui permettront d'accroître l'innovation et la concurrence dans l'industrie des services financiers. Il sera ainsi plus facile pour des entreprises comme la nôtre de continuer à développer des produits et des services qui contribuent à rendre la vie de nos clients plus abordable. Lisez notre blogue (en anglais uniquement) pour en savoir davantage les services bancaires axés sur le consommateur et les raisons pour lesquelles ce modèle va révolutionner le secteur des paiements au Canada: https://lnkd.in/gpG_9wFc

Shakepay is pleased to see the Government of Canada taking meaningful action regarding consumer-driven banking in today’s budget. By establishing a clear framework for consumer-driven banking, the government is creating the conditions for more innovation and competition in the financial services industry. This will make it easier for companies like ours to continue launching products and services that help make life more affordable for our customers. Read our blog post here to learn more about why consumer-driven banking is going to revolutionize payments in Canada: https://lnkd.in/gpG_9wFc