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Canada

Canada moves toward AI strategy for government operations
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4 June, 2024

Canada moves toward AI strategy for government operations

The AI blueprint, expected to be released in Q3, will cover AI solutions for the government and ensure that initiatives...
Canada to enforce new ‘crypto’ tax guidelines by 2026
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25 April, 2024

Canada to enforce new ‘crypto’ tax guidelines by 2026

Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take...
Binance kicks off embarrassing week with class action lawsuit in Canada
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24 April, 2024

Binance kicks off embarrassing week with class action lawsuit in Canada

Legal hurdles continue to hound Binance after being hit with a class action lawsuit in Canada for allegedly breaching securities...
CBDC anonymity will impact bank lending: Bank of Canada
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3 April, 2024

CBDC anonymity will impact bank lending: Bank of Canada

If the CBDC’s anonymity is sufficiently high, it will lure low-quality entrepreneurs as commercial banks cannot access their inflows, and...
Hut 8 shuts down Alberta site amid surging power costs
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12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...