Crypto News

Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies

By CCN.com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. The official statement of MAS released on May 2 described the potential of “central bank digital currencies” in increasing the efficiency and reducing risks for […]

Bitcoin

Canada Lawmakers Propose a Ban on Cryptocurrency Short Selling

The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly proposed a framework for cryptocurrency exchanges that would halt short selling and margin trading of digital assets.  Ban on Cryptocurrency Short Selling and Margin Trading The Canadian Securities Administrators and the IIROC have filed a joint consultation paper called Proposed Framework […]

Crypto News

QuadrigaCX Scandal Jolts Canada to Regulate Cryptocurrency Exchanges

The infamous QuadrigaCX scandal has culminated in the losses of $ 150 million in user’s cryptocurrency funds. Now, Canada has called for “input” on tailoring new regulation to cryptocurrency exchanges operating within its borders. Canada’s Securities Regulator and Investment Body Issue a Consultation Paper to Increase Investor Protection Canada has held back on detailed cryptocurrency […]

Bitcoin

After QuadrigaCX Fiasco, Another Shady Bitcoin Exchange Surfaces in Canada

A Canada-based company is luring people into investing in overly attractive bitcoin investment plans. The Canadian securities regulators of the British Columbia Securities Commission (BCSC) today issued a warning against Canada Bitcoin Exchange Inc. BCSC stated that the company was offering four suspicious BTC-based investment plans via its website. Each program required investors to invest […]

Crypto News

This Uber Co-Founder’s Bitcoin Brokerage Just Went Public in Canada

Voyager, a brokerage startup that helps users easily find the best prices for Bitcoin and other crypto assets, has gone public in Canada on the Toronto Venture Exchange (TSX-V) through a reverse merger reportedly worth $ 60 million. The privately-held company co-launched by ex-Uber CTO Oscar Salazar acquired publicly-traded company UC Resources Ltd. Voyager entered a […]

Crypto News

Venezuela Did More P2P Bitcoin Trading Than Canada and India Combined in 2018

According to data scientist Matt Ahlborg, LocalBitcoins trading data concludes that Venezuela did more peer-to-peer Bitcoin trading in 2018 than Canada, India, and Australia combined. Venezuelan trading topped $ 235 million. For perspective, the United States only clocked in $ 373 million, and it is the largest economy in the world. In total, peers traded […]

Blockchain

Privacy Coins Like Monero Perfect For Buying Cannabis in Canada, Says Expert

Senior market analyst at eToro believes that privacy coin usage in Canada will “almost certainly” increase as the country has officially warned citizens to protect their personal information by buying cannabis with cash.  ‘Consider Using Cash’ The Privacy Commissioner of Canada has released a guidance document which addresses some of the concerns marijuana users need to […]

Crypto News

Bitcoin Bomb Threats Target Educational Institutions, Businesses and Govt. Buildings in US, Canada

Advertisement Hundreds of government buildings, schools and businesses in the United States and Canada were on Thursday targets of extortionists who threatened to detonate explosives unless they were paid thousands of dollars in bitcoin. In most of the emailed bomb threats, the sender claimed that they had an associate who had planted an explosive device […]

Crypto News

Israeli Crypto Mining Firm Files for IPO in Canada

Advertisement Twitter Facebook LinkedIn Israeli cryptocurrency mining company Bitfarms wants to become a public company in Canada. According to its press release, the mining company revealed that it had filed a preliminary prospectus with the Ontario Securities Commission, as it commences with the regulatory process for offering public shares on the Toronto Stock Exchange. Bitfarms, […]