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Canada flags concern on AI-generated deepfake disinformation campaigns
17.11.2023
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises
WonderFi Subsidiary Bitbuy Acquires Bitvo, Owns Nearly Half of All Exchanges in Canada
15.11.2023
Bitbuy, a subsidiary of Canadian-based technology company WonderFi, announced its acquisition of Bitvo Inc. on the morning of Wednesday, November 15th, making WonderFi the owner of nearly 50% of all regulated crypto-trading platforms in the North American country. WonderFi continues to dominate...
48 Countries Join Forces to Combat Crypto Tax Evasion Starting in 2027
13.11.2023
Source: AdobeStock / Nuthawut Forty-eight countries across six continents have committed to a new tax transparency standard starting in 2027 to fight crypto-related tax evasion. Countries – including Ireland, Austria, France, Germany, Italy, Croatia, Japan, South Korea, the US, and Canada...
Microsoft enters $100M partnership with Canadian firm after quantum breakthrough
9.11.2023
Photonic’s founder and Chief Quantum Officer says the company can bring a quantum computer to market within the next five years
How to manage crypto losses on tax returns in the US, UK and Canada
8.11.2023
Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada
Assassin’s Creed Publisher Continues To Downsize, Lays Off More Staff
7.11.2023
In a year full of video game layoffs, Assassin’s Creed maker Ubisoft Montreal is the latest to get hit by ongoing cuts. Kotaku has learned that the publisher announced 75 new layoffs across its Canadian offices today as part of a “reorganization” of its general and administrative teams, Ubisoft...
Bitcoin Mining Company Hut 8 to Bid for Natural Gas Power Plants and Bitcoin Facility
7.11.2023
Hut 8, a public Bitcoin mining company, announced it has been cleared to issue a “stalking horse” bid for several natural gas power plants and a Bitcoin mining site. The Canada-based miner hopes to integrate these services to expand its business to sell power to the market and develop...
NBA Star Seeks to Void Property Sale After Learning of Canadian Crypto King’s Past Occupancy
4.11.2023
National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski’s occupancy of the property after his girlfriend reported...
5 nations challenge crypto experts and investigators to target tax crimes
3.11.2023
The J5 generates significant leads through events, which, in the past, has helped uncover multi-million-dollar crypto Ponzi schemes such as the BitClub Network
G7 countries to launch AI code of conduct: Report
30.10.2023
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
27.10.2023
According to customer emails, the changes will go into effect starting Nov. 30
North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports
25.10.2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance...
Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets
17.10.2023
The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider market regulations.
The staff note released on Oct 17 shows the development stages of the cryptocurrency market, its benefits to challenges facing...
Canada central bank assesses innovations and challenges of DeFi
17.10.2023
The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said
Bitstamp to cease operations in Canada
11.10.2023
According to Bitstamp’s plans for the beginning of 2024, the crypto company will shut down all its operations in Canada. The actual reason behind this move has not exactly been divulged, but as per the CEO of Bitstamp, Bobby Zagotta, this decision was reached after much deliberation, and he added...
Bank of Canada Study: CBDC Can Help Overcome Inclusion Issues
10.10.2023
A recent study conducted by the Bank of Canada delved into the role a central bank digital currency (CBDC) would play in improving financial inclusion, digital inclusion, and accessibility. The study concludes that while the Canadian financial ecosystem is inclusive, a CBDC might help tackle...
Canada’s Regulators Clarify Interim Stablecoin Regulations Amid Market Concerns
6.10.2023
The Canadian Securities Administrators (CSA) has released interim terms and conditions to guide cryptocurrency exchanges and asset issuers on stablecoin investments following its previous decision.
The umbrella regulatory body seeks to clarify the issues raised in its intern approach...
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
6.10.2023
The umbrella organization for Canada's securities regulators has set out conditions for the trading and issuance of stablecoins
‘ETFs Are Inevitable But Not Imminent’, Crypto Expert Argues
5.10.2023
Talking to Cryptonews, crypto expert Peter Eberle discussed the potential for crypto exchange-traded funds (ETFs), the impact of the Grayscale-US SEC battle, the current state of crypto investments, and the relevance of regulatory clarity in the space.
Eberle is the President and Chief Investment...