1 / 5 Relevant items tagged with #Canada

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Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada

[Aug 16 2:30 AM] Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government excessive control over finances, threatening privacy and…

Exchanges gear up crypto advocacy in Canada as elections loom

[Aug 14 7:32 PM] Cointelegraph’s Sam Bourgi discussed Canada’s evolving regulatory landscape with Kraken and Coinbase at the Blockchain Futurist Conference, highlighting areas where the country still lags.

Canadian regulators are looking to investor protection with stablecoin rules — CIRO

[Aug 13 9:30 PM] CIRO executive Suzanne Lasrado offered her opinion on the regulatory guidelines affecting Canadian stablecoin users at the Blockchain Futurist Conference.

WonderFi expands to Australia — Blockchain Futurist Conference

[Aug 13 9:20 PM] The crypto firm merged with Coinsmart and Coinsquare in 2023, securing $1 billion in assets under management in the same year.

Ex-Bitfarms interim CEO steps down amid board shakeup

[Aug 13 7:30 PM] Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.

Canada needs to overhaul crypto regulations — Coinbase exec

[Aug 13 5:30 PM] The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations.

Canadian crypto exchanges face deadline for CIRO membership

[Aug 6 9:19 PM] Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization.

ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M of Coinbase stock

[Aug 2 12:54 PM] Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.

Global Crypto Advocacy Movement Reaches Canada

[Jul 13 2:17 AM] Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to amplify Canadian voices…

Bitfarms calls October shareholder meeting amid attempted Riot takeover

[Jul 12 10:30 AM] Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests.

Drake Loses Bitcoin Bet Following Canada’s Copa America Exit, ARG Fan Token Soars 40%

[Jul 10 8:00 PM] Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The ‘Drake Curse’ Do It…

Coinbase’s Stand With Crypto initiative to launch in Canada

[Jul 10 10:25 AM] The group hinted at advocating for crypto regulation in Canada and updating the country’s financial system, as residents had an “appetite” for change.

Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts

[Jul 1 5:49 PM] Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.

3iq Files to Launch Solana Exchange-Traded Product in Canada

[Jun 21 5:11 AM] 3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its…

Binance to appeal $4.4M fine from Canadian regulator

[Jun 19 3:25 PM] The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.

Canada lacks engagement from lawmakers on crypto — Coinbase exec

[Jun 18 3:00 PM] The Canada country director for Coinbase said local regulators were “much more collaborative” with the industry than their U.S. counterparts, but politicians were falling short.

European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead

[Jun 7 12:37 PM] The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit facility. President Christine Lagarde emphasized that future…

Bitcoin Well Launches Payments via Lightning Network in Canada

[May 29 2:47 AM] Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder…

Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme

[May 15 5:24 PM] Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.

Canada’s Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike

[May 13 11:20 PM] Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies…

Binance Fined Over $4 Million in Canada for Money Laundering Violations

[May 9 4:11 PM] Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to…

Canadian regulator fines Binance $4.4M for AML and CFT violations

[May 9 12:45 PM] FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.

Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

[May 9 10:10 AM] Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations.

Binance sued in Canada, CZ could serve 36 months in prison: Law Decoded

[Apr 29 1:05 PM] Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.

KPMG Survey Finds 39% of Canada’s Institutional Investors Had Exposure To Crypto Assets in 2023

[Apr 24 11:12 AM] Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.

Australia joins 1,000+ Bitcoin ATM club alongside US, Canada

[Apr 24 3:18 AM] The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021.

Coinbase Says Canadian License Makes It Country's Biggest Registered Crypto Exchange

[Apr 4 11:55 AM] Coinbase's expansion into Canada has cleared the hurdle of a "restricted dealer" registration, the company said on Thursday, making it the biggest registered crypto exchange in that jurisdiction.

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

[Mar 28 1:55 AM] This is the third test for the Province's new tool to combat money laundering.

What Spot Bitcoin ETFs in Canada Say About the U.S.

[Feb 26 4:37 PM]

Where Coinbase Canada Goes, so Does the World

[Feb 19 3:02 PM] Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.