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PortuguêsAs the world’s supervisory agencies start to heed the crypto guidelines of the Financial Action Task Force, a new regulatory landscape is taking shape within the crypto industry. The latest…
Continue ReadingEY, the court-appointed bankruptcy trustee for the defunct Canadian crypto exchange QuadrigaCX, has been asked to submit all of the exchange’s user information to the Canada Revenue Agency (CRA). Court…
Continue ReadingThe Manitoba Securities Commission (MSC) has issued a public warning against cryptocurrency scams after reports of fraud involving two European firms. On March 20, the Manitoba securities watchdog published an…
Continue ReadingSo you’ve got a little bitcoin to your name but are all out of weed. What you gonna do? Well, if you’re fortunate enough to live in a region where…
Continue ReadingCanada-based company firm Hive Blockchain has announced that its legal representation is issuing a cease and desist request to the Hive community, which recently forked from the Steem (STEEM) network.…
Continue ReadingThe Financial Transactions and Reports Analysis Center of Canada (FINTRAC) has announced it will soon implement new anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. The laws including updated guidelines…
Continue ReadingCanada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline. The Financial Transactions and Reports…
Continue ReadingTwo Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the…
Continue ReadingTwo Canadian nationals have been sentenced to two years in a U.S. jail for stealing bitcoin from an Oregon resident through a Twitter scam. Karanjit Singh Khatkar, and Jagroop Singh…
Continue ReadingCanadian authorities have approved funding of two blockchain firms, Peer Ledger and Mavennet, to create a platform that enables steel traceability, reported Ledger Insights on March 9. The Innovation, Science,…
Continue ReadingAn all-too-familiar Bitcoin scam, that honestly seems far too brazen to actually succeed, has netted those behind it a cool $7,500 from a single victim. The scheme involves the scammers…
Continue ReadingWhether you call it game theory or a serious case of FOMO, it won’t be long before the whole world moves to digital money. The Central Bank of Canada has…
Continue ReadingAlthough the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass…
Continue ReadingThe Bank for International Settlements (BIS) has appointed heads at the BIS Innovation Hub’s centers in Singapore and Switzerland. In a Feb. 19 announcement, the BIS revealed that Andrew McCormack…
Continue ReadingRecent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have…
Continue ReadingBlockchain startup Conflux has hired Eden Dhaliwal, the former head of crypto at Outlier Ventures, as a managing director to lead its expansion in North America. The Beijing-based firm is…
Continue ReadingMajor Canadian investment fund manager 3iQ and blockchain firm Mavennet co-launched a new regulated stablecoin pegged to the Canadian dollar (CAD). Developed by Canada Stablecorp, a joint venture between 3iQ…
Continue ReadingA new stablecoin pegged to the Canadian dollar may help digitize the North American nation’s financial markets. Canada Stablecorp announced Monday it was issuing the “QCAD” stablecoin for “mass market,”…
Continue ReadingSix major central banks will meet in April to discuss the development of central bank digital currencies (CBDC). The Japan Times reported on Feb. 6 that — according to a…
Continue ReadingThe new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK…
Continue ReadingThe results of a 300 megawatt (MW) energy allocation for cryptocurrency miners, run by Canadian provincial utility provider Hydro-Québec, has failed to attract expected demand from the local industry. A…
Continue ReadingIn this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions…
Continue ReadingThe central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland created a group with the Bank for International Settlements (BIS) to jointly research central bank digital…
Continue ReadingThe Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform. Innovation, Science and Economic Development Canada (ISED), a government agency…
Continue ReadingAn eighteen-year-old from Montreal is facing four criminal charges connected to a $50 million SIM-swapping scam targeting cryptocurrency holders, Infosecurity Magazine reported on Jan. 17. The hacker, Samy Bensaci, is…
Continue ReadingCanadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities…
Continue ReadingCanada‘s top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users’ digital assets. The Canadian Securities Administrators (CSA) said…
Continue ReadingThe securities regulator in Canada, the CSA, has issued new guidance regarding crypto trade, and when it may fall outside of securities laws. Canada makes a move to regulate crypto…
Continue ReadingCanadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law. The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the…
Continue ReadingIt seems that not a day goes by without a news story highlighting the shortcomings of the current banking system. In a world with alternatives growing in viability daily, incidents,…
Continue ReadingCanadian tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin (BTC) mining machines at its Christina Lake mining-as-a-service facility in British Columbia. Per a Jan. 6 press release, DMG…
Continue ReadingThe crypto ATM of Instacoin now offer dollar-pegged stablecoins for deposit and withdrawal, including the much-disputed Tether (USDT). The leading crypto ATM operator in Canada will add a total of…
Continue ReadingA New York investment firm wants to buy claims from former QuadrigaCX users – provided there’s enough interest from creditors entitled to assets held by the infamous exchange. Argo Partners…
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