The governor of the Bank of Canada Tiff Macklem has advocated for a “globally coordinated” approach with respect to CBDC development.
More DetailsThe Bank of Canada is in search of an economist with expertise in digital currencies and financial technologies to help advance its CBDC drive.
More DetailsA new report released by the Bank of Canada has revealed that the bank believes Central Bank Digital Currencies can pose security risks to users
More DetailsWalmart Canada has teamed up with DLT Labs for its blockchain-driven freight and payment network that is touted to be the world’s most prominent full production blockchain solution for any sector application.
More DetailsIn a recently published report by the Canadian Chamber of Digital Commerce showed that Canadians in the blockchain industry are amongst the highest-earning salaries in the country. The report also noted that Canadian blockchain companies want more legal clarity, to understand where their government stands regarding regulation in Canada.
More DetailsTahinis Restaurants announced that it would be converting all of its cash reserves into Bitcoin.
More DetailsKPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.
More DetailsThe head of Crypto and stock trading platform Wealthsimple said the Canadian government should work on growing cryptocurrency and blockchain companies in the country.
More DetailsPublicly-listed Canadian crypto mining form Bitfarms has temporarily reduced employees because of the social and economic challenges caused by the coronavirus outbreak.
More Detailsnvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.
More DetailsThe Glenrose Rehabilitation Hospital Foundation (GRHF), a healthcare entity based in Edmonton, Alberta, Canada, is considering adding cryptocurrency to its donation path.
More DetailsDespite market volatility and a recent decline in value, Ontario Teachers Pension has continued embracing its crypto business investments.
More DetailsHut 8 Mining Corp currently holds a total of 7,078 BTC on its balance sheet and continues to advance its operations by launching a new crypto mining facility in Ontario, Canada.
More DetailsCanadian market regulators have warned cryptocurrency service providers against those to mislead investors through their gambling style advertisements.
More DetailsIn Vancouver, Canada, another cryptocurrency exchange has closed down. This is not the first Canadian based Exchange to encounter problems, with some users losing everything last year when another exchange lost access to private keys.
More DetailsThe US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.
More DetailsCryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.
More DetailsBetween 2020 and mid-2022, the fiat-referenced crypto asset market grew 30-fold to $161 billion in U.S. dollars. In February, the Canadian House of Commons proposed Bill C-249, Encouraging the Cryptoasset Sector Act. Canada's crypto community supported the law, but it was politically controversial and buried after its second reading.
More DetailsRipple has opened its first regional office in Canada as part of its strategy to increase access to its users.
More DetailsCoinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.
More DetailsCryptocurrency exchange OKX has notified its Canadian users that it will no longer provide services or allow new account openings in Canada, starting on March 24, 2023, due to new regulations. Existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023, and fiat or tokens must be withdrawn by the same date.
More DetailsThe federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
More DetailsThe Emergencies Act gives local authorities more tools to control protestors by freezing bank accounts and keeping an eye on “large and suspicious transactions,” including crypto.
More DetailsThe Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.
More DetailsMichelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill that seeks to provide leeway for crypto and their ecosystem to thrive in the country.
More DetailsAlthough the Bank of Canada still has no plans to issue a Central Bank Digital Currency, it has accelerated its research on such a project.
More DetailsThe Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types.
More DetailsMontreal-based Bitcoin exchange Bull Bitcoin, released Liquid Canadian dollars (L-CAD) using Blockstream’s Liquid Network, taking the Bitcoin standard to Canada. Blockchain’s Liquid sidechain is used for settling Bitcoin transactions.
More DetailsBitcoin-friendly Pierre Poilievre was elected leader of the Conservative Party of Canada on September 11.
More DetailsCryptocurrency derivatives exchange BitMEX announced today that it planned on removing its trading platform services from a Canadian province.
More DetailsEffective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.
More DetailsThe Financial Post has confirmed that the Royal Canadian Mounted Police has asked several Canadian cryptocurrency exchanges to block transactions on 34 crypto wallets related to the truckers’ “Freedom Fleet” protest.
More DetailsHut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.
More DetailsStephen Harper, the former prime minister of Canada, has named Bitcoin as a possible reserve currency in the future.
More DetailsBank of Canada researchers do not feel that the current state of zero-knowledge-proofs is mature enough to be integrated into their development plans for a Central Bank Digital Currency (CBDC).
More DetailsIn Canada, Ontario Superior Court has ordered to freeze millions of dollars and cryptocurrencies linked to organizers of the Ottawa 'Freedom Convoy' protest by obtaining a so-called Mareva injunction.
More DetailsThe Ontario Securities Commission has made history again by approving three Ethereum exchange-traded funds in one day.
More DetailsThe Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.
More DetailsCanadian investment fund manager 3iQ Corp. announced on Oct. 30 that it had received approval from its public hearing by the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund that will be listed for trading on a major Canadian stock exchange.
More DetailsThe intention of investing in cryptocurrencies like Bitcoin (BTC) or using tokens as a payment option among Americans is higher than among Canadians, a new survey shows.
More DetailsThe Bank of Canada has opened a public consultation until June 19 to gauge what features Canadians would like to see included in a digital Canadian dollar. The bank clarified it was not beginning work on a CBDC or replacing cash but was looking to explore the concept.
More DetailsCoinsquare executives have resigned following a settlement with the Ontario Securities Commission.
More DetailsCryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds. dYdX is hoping for a change in the regulatory climate to resume services in the country.
More DetailsCryptocurrency exchange Bitfinex announced that it will be leaving the Ontario market, reminding users to withdraw all their funds before March 1.
More DetailsThe Ontario Securities Commission (OSC) of Canada stated that Binance has not yet obtained the legal operating qualifications for the province of Ontario.
More DetailsDepartment of Homeland Security (DHS) trials Blockchain solution for Canadian borders - Works with Customs Direct, a partner with blockchain expert Morpheus.Network, to fast track multiple Proof of Concepts (POCs).
More DetailsAlberta, Canada’s most oil-rich province, is seeing growth in the crypto industry to diversify its economy.
More DetailsAn Israeli-run cryptocurrency fraud targets Australians, according to a raid on Eastern European scam call centers.
More DetailsWith the advancement of technology, the importance of oil and gas resources in promoting global social and economic progress is rising.
More Details3iQ, a digital asset manager based in Canada, will list the Ether Fund tomorrow.
More DetailsIn a conference hosted by National Bank of Ukraine, some central banks recently suggested that blockchain is unnecessary for digital fiat currency
More DetailsCanada Stablecorp Inc. has launched a new regulated Canadian Dollar stablecoin called “QCAD”.
More DetailsCanada’s Central Bank, the Bank of Canada, is considering launching a digital currency that would enable the collection of how Canadians spend their money.
More DetailsThe Canada Revenue Agency has requested a judge of the Federal Court to force a crypto exchange to hand over information about all its customers.
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