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39% of Institutional Investors in Canada Had Crypto Exposure in 2023: KPMG
25.4.2024
39% of (or nearly 4 in 10) Canadian institutional reported having direct or indirect exposure to crypto assets in 2023.
The post 39% of Institutional Investors in Canada Had Crypto Exposure in 2023: KPMG appeared first on Cryptonews
KPMG Survey Finds 75% of Canada’s Institutions Owned Crypto Assets in 2023
24.4.2024
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
24.4.2024
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021
Binance Lawsuit in Canada Following Securities Law Violation Allegations
23.4.2024
Cryptocurrency exchange Binance has been slapped with a new class-action lawsuit in Canada following allegations of security law violations.
The post Binance Lawsuit in Canada Following Securities Law Violation Allegations appeared first on Cryptonews
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
Crypto Service Providers in Canada Must Report Transfers, Customer Data By 2027
17.4.2024
Crypto firms in Canada will soon face increased disclosure obligations, per regulations introduced in Tuesday's 2024 federal budget.
The post Crypto Service Providers in Canada Must Report Transfers, Customer Data By 2027 appeared first on Cryptonews
Coinbase Says Canadian License Makes It Country's Biggest Registered Crypto Exchange
4.4.2024
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 Authorities Question QuadrigaCX Co-Founder on Source of Funds
28.3.2024
Canadian authorities have filed a third “unexplained wealth order” application with the British Columbia Supreme Court targeting the co-founder of QuadrigaCX Michael Patryn to explain how assets were acquired.
The post Canadian Authorities Question QuadrigaCX Co-Founder on Source of Funds appeared...
Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order
28.3.2024
This is the third test for the Province's new tool to combat money laundering
Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed” People’s Life Savings
4.3.2024
The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.
The post Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed”...
What Spot Bitcoin ETFs in Canada Say About the U.S.
26.2.2024
Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery
23.2.2024
Balance, a digital asset custodian based in Canada, has revealed that it has once again achieved $2 billion in assets under custody (AUC) amid the recent recovery in crypto markets.
The post Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery appeared first...
Where Coinbase Canada Goes, so Does the World
19.2.2024
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next
Canada’s EQ Bank Partners with Trulioo for Biometric Identity Verification + More Crypto News
19.2.2024
Crypto news today: Trulioo joins hands with the digital platform of Canada’s challenger bank, ChainLight reveals a new database that enables users to track all Web3 hacks, and spot volumes rise for the fourth consecutive month.
The post Canada’s EQ Bank Partners with Trulioo for Biometric Identity...
Canada Market Favors Crypto and Blockchain Investments Over Others in 2023
7.2.2024
Although investments in Canadian fintechs slowed down in 2023, crypto and blockchain-related investments dominated the scene. KPMG’s global Pulse of Fintech report published Tuesday found that VC-backed investments comprised over three-quarters of all deals, totaling 83 transactions valued...
British Columbia Court Backs Ban on Crypto Mining in Canadian Province
6.2.2024
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining
Canadian Court Declares Freeze on Crypto Donations During ‘Freedom Convoy’ Protests Unconstitutional
25.1.2024
In a judicial rebuke, the Federal Court of Canada ruled that the Trudeau government’s decision to freeze cryptocurrencies during the 2022 “Freedom Convoy” protests was unconstitutional. Trudeau Government’s Emergency Powers Challenged: Court Rules Crypto Freeze Unlawful In a ruling...
Canadian Court Rules Government’s Freeze of Protester’s Crypto Donations Unconstitutional
24.1.2024
The Canadian Government’s decision to freeze digital assets and crypto donations toward protesting truckers in 2022 was deemed unconstitutional by the Canadian Federal Court. The Federal Court ruled against the government’s decision to freeze financial assets including digital assets...
Canadian Regulator Proposes Rules for Crypto-Centric Public Investment Funds
19.1.2024
Source: Pixabay The Canadian Securities Administration (CSA), the country’s securities watchdog, has proposed new regulatory requirements for public investment funds that looks to invest in crypto assets. In a report released Thursday, the regulator announced certain rules that would restrict...
PS5's DualSense Controller Is Getting An Update, Store Listing Reveals
11.1.2024
If you’re sick and tired of your DualSense controller dying after a measly three to six hours of use, it looks like Sony might be getting ready to release a new version of the PlayStation 5 controller that could double its typical battery life. That’s if a Canadian store listing is to...