Mark Carney, the former Bank of England governor and critic of Bitcoin, has secured victory in Canada’s election, continuing as Prime Minister after defeating the Conservative leader Pierre Poilievre, who supports cryptocurrency. Despite initial predictions favoring Poilievre in January, public sentiment shifted after tough remarks from U.S. President Trump, which benefitted Carney's campaign. Following a strong performance at polls and predictions from crypto betting markets, Carney’s Liberal party maintains governance, though still short of a majority in the House of Commons. Carney's political stance includes advocating for a central bank digital currency, contrasting with the views of Bitcoin proponents. The evolving political climate and economic concerns have garnered public support for Carney as he positions himself against Trump’s influence, suggesting that Poilievre's alignment with Trump may have hindered his appeal. Carney’s win signals a significant moment in Canada's political landscape, potentially affecting market attitudes towards digital assets.

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