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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 Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
7.4.2024
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has...
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
Bitbuy adds HBAR for trading in Canada
7.3.2024
Bitbuy announced adding HBAR to its exchange platform, launching the token in Canada for users to trade. Withdrawal and deposit functions are currently unavailable; however, customers can expect both features to go live as soon as possible. This has caused a surge in the valuation of HBAR tokens....
Hut 8 Closes Bitcoin Mining Facility Due to Power Disruptions and Rising Energy Costs
7.3.2024
Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors.
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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”...
Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand
28.2.2024
Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service. They begin with an annual interest rate starting at 10.4%.
The post Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand appeared first...
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
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
4.2.2024
Anticipation is high for Bitcoin’s fourth network halving. Meanwhile, the Nigerian currency has hit a new low against the U.S. dollar, while in Canada, the Federal Court declared the freezing of crypto donations during the 2022 “Freedom Convoy” protests unconstitutional. Renowned...
UK Remains One of the Few to Hold Back on Retail Access to Crypto ETFs
29.1.2024
The UK remains one of the few major global markets that has yet to approve retail access to cryptocurrency exchange-traded products (ETPs). While countries like Australia, Brazil, Canada, and many states in Continental Europe have embraced these products, the UK has refrained from allowing small...
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...