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CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits
24.1.2023
Hydro-Québec's CEO Sophie Brochu to leave company on April 11
Canadian Crypto Exchanges Coinsquare, WonderFi in Advanced Talks to Merge: Bloomberg
12.1.2023
The combination would create the country’s largest cryptocurrency exchange
Crypto.com delists USDT for Canadian users following OSC ban
10.1.2023
Registered cryptocurrency exchanges in Ontario, Canada cannot list USDT due to regulatory prohibition
Crypto.com Delists Tether’s USDT Stablecoin for Canadian Users
10.1.2023
The move comes after the Canadian Securities Administrators committed to stronger oversight over crypto exchanges following FTX’s collapse
Bitcoin Addresses Tied to Defunct Canadian Crypto Exchange QuadrigaCX Wake Up
19.12.2022
More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone’s control over the weekend
Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse
13.12.2022
The country's securities regulatory body will consider enforcement action if crypto companies do not comply
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
1.12.2022
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba...
Major Canadian Crypto Exchange Coinsquare Says Client Data Breached
26.11.2022
The exchange claimed the breached personal data wasn't likely seen "by the bad actor” and customers' assets are “secure in cold storage and are not at risk.”
IIROC-registered Canadian crypto exchange Coinsquare suffers data breach
26.11.2022
On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’
19.11.2022
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conducted at FTX which is deeply concerning for all parties,” the plan states. Major...
FTX acquisition no more: Canadian exchange Bitvo backs off the deal
17.11.2022
Bitvo has managed to back off its acquisition agreement with FTX exchange thanks to long approval process of the deal from local regulators
Canada to examine crypto, stablecoins, and CBDCs in new budget
4.11.2022
Canada’s government stated its concerns on the risks digital assets and the digitalization of money may pose to its financial system as a reason for launching the consultation
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
3.11.2022
It asked the Canada's energy regulator to suspend the allocation of 270 megawatts already planned for mining in Quebec
Investor Richard Mills Says Economy Is Rushing Into a ‘US Dollar Crisis of Epic Proportions’
20.10.2022
While the U.S. dollar has been extremely robust in recent times, compared to a myriad of fiat currencies worldwide, a number of analysts and economists think the greenback will eventually falter in an inconceivable manner. The owner of aheadoftheherd.com, Richard Mills, published a comprehensive...
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
15.10.2022
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin,...
Canadian Self-Regulatory Agency Approves First Crypto-Native Investment Dealer
12.10.2022
Coinsquare has also been granted license to operate as a regulated alternative trading system (ATS), allowing it to match large, illiquid crypto trades between institutional investors
Coinsquare becomes first Canadian crypto exchange to receive IIROC registration
12.10.2022
All crypto exchanges must register with IIROC if they want to operate in Canada, and there is currently a backlog of applications
Canada’s Tiff Macklem Insists ‘Rate Increases Are Warranted,’ Canadian Columnist Says Central Bank’s Governor ‘Needs to Go’
10.10.2022
Canadians have been dealing with rising inflation and the Bank of Canada raising the benchmark interest rate following more than two years of monetary easing tactics. On Sunday, Canadian central bank governor Tiff Macklem explained that “reasonably good harvests” will contribute...
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...