July 1 (Cointime) - The Canadian government has approved unlimited trading of Litecoin (LTC) and three other cryptocurrencies on exchanges, with the exception of a $30,000 annual limit for other cryptos. This move is seen as a significant development for the Canadian cryptocurrency market. The House of Commons Standing Committee on Industry and Technology has also called for a national blockchain strategy to clarify the country's regulatory approach and demonstrate support for the industry. Litecoin's recent surge past the $100 mark and processing of over 500,000 daily transactions for the first time in a quarter has led to predictions of a potential rise to $140.