A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together exchange platforms, blockchain projects and tech investors, the association will work to advance blockchain-related policies that balance “innovation, consumer protection, and stability”.

Web3 Council has published an open letter to announce its launch It was publishedWednesday, March 29. Aquanow, Axiom Ze, Chainsafe Systems and Dapper Labs are the 11 founding members of the association.