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News
Crypto Payments Processor Banxa to Go Public in Canada
2020-12-14T13:21:31.000+02:00
The company is expecting a market capitalization of around $50 million.
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Bank of Canada Indicates Positive Developments on CBDC
2020-12-03T11:33:31.000+02:00
Deputy Governor Timothy Lane said that COVID-19 has forced the central bank to launch a digital currency sooner than expected.
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Crypto.com Announces Visa Card for Canadians
2020-11-20T16:17:36.000+02:00
The cryptocurrency platform brings visa card to Canada with shipping set to start in January 2021.
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Executive Moves
Options Onboards Robert Strawbridge as Canada VP and Head of Operations
2020-11-11T12:22:41.000+02:00
Strawbridge brings more than 10 years of experience in forex technologies and e-Trading platforms.
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News
Canada's Tax Agency Wants Coinsquare Crypto Exchange to Fork over User Data
2020-11-09T10:13:48.000+02:00
The Coinsquare case is similar to the IRS's 2018 demands on cryptocurrency exchange Coinbase.
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Payments
Online Banking Payments Fintech Trustly Launches in Australia & Canada
2020-08-26T13:03:15.000+02:00
The launch in Australia marks the company’s first move into the Asia Pacific region.
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Regulation
Bitcoin Scam in Waterloo Canada Tricks 78 Victims since January
2020-08-21T07:05:08.000+02:00
More than CA$430,000 has been lost by victims so far this year.
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News
Swedish Financial Supervisory Authority Warns on 'Fortuna Private Investments'
2020-08-19T12:30:25.000+02:00
The Swedish watchdog says that the firm isn't authorized to offer financial services.
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Brokers
Canada’s AMF Charges Pank Trading and M5 Forex Method in $1.2M Fraud
2020-07-27T23:03:56.000+02:00
Prosecutors describe a scheme in which investors were lured into handing their money in exchange for promises of huge returns
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News
Brave New Coin to Provide Indices for Canadian Exchange tFOSE
2020-07-14T13:00:57.000+02:00
tFOSE is expected to receive regulatory approval in the first quarter of next year.
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Institutional FX
Voyager Digital Partners With Crypto Prime Broker Bosonic
2020-07-08T16:00:08.000+02:00
Dynamic Smart Order Router aims to deliver enhanced liquidity to Bosonic's institutional customers.
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CryptoCurrency
NetCents Technology Engages US Investment Bank Boustead Securities
2020-06-30T09:36:44.000+02:00
Boustead will help screen and negotiate potential strategic acquisitions and identify institutional investment for NetCents.
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News
Wash Trading on Coinsquare Allegedly Traced Directly to CEO: Report
2020-06-15T09:14:47.000+02:00
The Canadian crypto exchange describes itself as "a fully regulated money services business (MSB)."
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FinTech
Canadian Fintech XTM Expands Cashless Ecosystem with RBC and Interac
2020-05-26T11:23:11.000+02:00
XTM customers or Today™ mobile users are able to send funds in near real-time to any bank in Canada
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Regulation
Canadian Regulators Relax Filing Deadlines Amid COVID-19
2020-05-21T08:41:33.000+02:00
The temporary relief is for investment funds and non-investment fund issuers.
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News
FATF: How Will the Guidelines Affect Canada's Crypto Industry?
2020-05-15T09:53:12.000+02:00
Canada's cryptocurrency industry is bracing for the implementation of FATF guidelines.
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Retail FX
Global Reach Group Expands Into Canada
2020-05-14T10:51:35.000+02:00
The UK-based FX risk management provider acquires select assets of EncoreFX Canada
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News
Bitcoin Mining Firm VBit Banks $1.1 Million for Canadian Expansion
2020-05-06T14:25:13.000+02:00
The new data center will generate up to 200 MW.
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News
3iQ Lists First Public Bitcoin Fund on Toronto Exchange
2020-04-10T10:24:24.000+02:00
The price of the digital currency will be determined based on the spot price on various exchanges.
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Institutional FX
Canada’s IIROC to Consider Settlement with Laurentian Bank Securities
2020-04-09T00:54:10.000+02:00
The terms of the settlement will only be released if it’s approved by an IIROC hearing panel.
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Retail FX
BC Watchdog Hits FCOEX Broker with Regulatory Warning
2020-04-07T17:10:44.000+02:00
The BCSC maintains an investment caution list to alert investors of unqualified investments promoted in British Columbia
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News
Hut 8 Reports 66% Jump in Crypto Mining Revenue for 2019
2020-04-03T16:02:31.000+02:00
The company significantly expanded its operations last year.
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News
Bank of Canada Reluctant to Issue CBDC: Deputy Governor
2020-02-26T11:10:57.000+02:00
The regulator’s decision will be based on the success of private players in the sector.
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Brokers
Nova Scotia Warns Canadians of Getting Scammed by LeadingPips
2020-02-24T20:54:21.000+02:00
The chief regulatory body IIROC has recently proposed regulatory framework that provides clarity for derivatives products.
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News
FinTRAC to Regulate 3iQ’s CAD-Pegged Stablecoin
2020-02-12T10:45:00.000+02:00
The newly launched coin has been listed on multiple exchanges.
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