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CryptoCurrency
Canadian Crypto Industry Leaders Create Non-profit Organization
2022-03-29T21:49:00.000+02:00
The non-profit is aimed to push for regulation in the domestic crypto industry.
Dapper Labs, Ledn, Ether Capital and Wealthsimple are part of the Council.
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Bank of Canada and MIT to Work on Joint CBDC Collaboration
2022-03-17T01:28:00.000+02:00
MIT Media Lab's Digital Currency Initiative will work with the central bank.
CBDC research will be influenced by this exploration.
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XTM Accelerates US Roll Out with Apple Pay and Google Pay
2022-03-16T16:35:12.958+02:00
The roll out will support payments.
All ‘Today Card’ holders will be able to make payments through mobile devices.
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Brokers
Forex.com Expands Trading Services in Canada
2022-03-16T15:10:59.601+02:00
The broker will offer over 2,500 new tradable markets in the country.
It will also offer CFDs trading to the Canadians.
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Regulation
CSA Advise Canadians to Ask Questions before Investing in Cryptos
2022-03-11T21:42:00.000+02:00
The authority launched a TikTok campaign about the matter.
Do I understand what I am investing in?
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CryptoCurrency
Tetra Trust and Knox Form a Strategic Alliance to Bolster Crypto Custody Services
2022-03-01T19:30:00.000+02:00
Tetra will be supplying its custody services to Knox's Canadian clients.
Knox is the only custody service in Canada that has a SOC 2 Type 2 certification.
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CryptoCurrency
Bitfury Announces New 28MW Crypto Mining Facility in Ontario
2022-02-23T10:15:13.328+02:00
Bitfury has hosted a new cryptocurrency mining data center in Canada.
The crypto firm manages various mining facilities in other locations.
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Retail FX
TradeZero Gets Approval to Launch Its Retail Equity and Options Trading in Canada
2022-02-23T09:57:16.448+02:00
The Bahamian brokerage firm has obtained approval to launch its trading in Canada.
The broker plans to offer access to U.S. equity products to Canada’s retail investors.
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CryptoCurrency
Bitcoin Whale Sends $2 Billion, Joining Large Transactions in the Past 24 Hours
2022-02-15T17:57:02.038+02:00
Roughly 45,000 bitcoins were sent to 2 unknown wallets by one of BTC largest wallets.
Some suggest Canada's emergency act sparked a rally in bitcoin.
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News
Canadian Bitcoin ETFs Hold More than 62,000 BTC
2022-02-14T14:23:07.473+02:00
The Purpose ETF accounts for almost 47% of these holdings.
Bitcoin is currently stabilizing near $42,000.
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News
Crypto Trading Platform Newton Receives $20 Million in Funding
2022-02-09T16:18:50.410+02:00
The Series B investment round was led by the partners from DV Chain.
The company is now valued at approximately $200 million.
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XREX Obtains Money Services Business License from FINTRAC
2022-01-26T10:43:11.014+02:00
The Financial Transactions and Reports Analysis Centre is Canada’s financial intelligence unit.
The license will allow the company to expand its presence in North America.
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FinTech
Canadian Securities Regulators Seeking Candidates for CEO and Board
2022-01-22T02:13:37.945+02:00
Canadian regulator is searching for candidates for its leadership positions.
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Nova Scotia Securities Commission Warns about CoinRise
2022-01-12T08:12:31.801+02:00
The authority mentioned that CoinRise is not registered to offer services in the region.
The crypto trading platform claims to be located in Halifax, Nova Scotia.
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Playtech Partners with Canadian Betting Firm NorthStar Gaming
2022-01-11T14:41:44.779+02:00
The gaming company will implement Playtech’s IMS platform.
Also, Playtech is expanding into the neighboring United States.
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News
WonderFi to Buy Crypto Platform Bitbuy
2022-01-05T14:02:38.892+02:00
Bitbuy is an approved crypto marketplace in Canada.
First ledger Corp is the parent company of Bitbuy.
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Bilal Jafar
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News
Canadian Officials Reportedly Warn about Digital Loonie
2022-01-04T11:45:12.064+02:00
The officials believe that there could be sweeping implications of digital currency.
The Bank of Canada is planning to issue a CBDC in the coming years.
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Executive Moves
Allen Stephen Joins Bitcoin Well as CFO
2021-12-20T15:57:00.213+02:00
Stephen has extensive experience in banking and fintech.
Stephen assumes the CFO position from Luke Thibodeau.
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Regulation
Think Tank Recommends Bank of Canada to Issue Digital Currencies
2021-11-25T23:58:46.000+02:00
The report says that the private sector in Canada could get interested in CAD-pegged stablecoins.
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Regulation
Canada’s CSA Issues Guidelines on Crypto-Related Advertising Campaigns
2021-09-23T23:18:25.000+02:00
The guidelines were unveiled through the CSA and the IIROC websites.
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Retail FX
Nova Scotia Financial Regulator Warns on Trading Platform Stanford FX
2021-08-30T23:46:49.000+02:00
The watchdog says that at least one Nova Scotian investor claimed to have been scammed by the firm.
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Institutional FX
Interactive Brokers Launches Mastercard Prepaid Card for Canadian Residents
2021-08-25T00:51:17.000+02:00
Cardholders of the brand-new prepaid card are entitled to offset transactions against their IB account balances.
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News
Blockchain Company DMG Invests $2 Million in Bosonic’s Crypto Trading Platform
2021-08-02T08:05:54.000+02:00
The company’s latest investment is a strategic initiative focused on the institutional adoption of digital currencies.
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Payments Company Paystone Secures $24 Million in Funding
2021-07-26T18:27:34.000+02:00
The company received the latest strategic investment from Crédit Mutuel Equity.
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Thought Leaders
Canadian Bitcoin ETFs Hammered by the Crypto Bear Market
2021-07-21T11:00:18.000+02:00
Dripcoin covers a variety of cryptocurrencies, including Bitcoin, facilitating margin trading and access to tight trading costs.
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