Canada Archives

Canada proposes national strategy to foster blockchain, digital assets adoption

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6 July, 2023

Canada proposes national strategy to foster blockchain, digital assets adoption

Canadian legislators recently published a report with 16 proposals to promote blockchain technology and protect individuals’ right to own digital...

Beware of fake regulators listed by digital asset firms, Canadian regulator warns

Business

Steve Kaaru

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24 June, 2023

Beware of fake regulators listed by digital asset firms, Canadian regulator warns

The Canadian Securities Administrators says digital asset firms are listing fake regulators to gain credibility and called on investors to...

Business

Wahid Pessarlay

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1 June, 2023

Bybit announces exit from Canada citing new regulatory developments

Beginning on May 31, ByBit's new users in Canada won't be able to create accounts, but existing customers will continue...

7 central banks team up with BIS to examine policy issues for CBDC launch

Business

Wahid Pessarlay

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1 June, 2023

7 central banks team up with BIS to examine policy issues for CBDC launch

The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to...

Business

James Field

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16 May, 2023

Binance exits Canada citing increased regulation

Binance joins fellow "crypto" exchanges Coinbase and Kraken in exiting the Canadian marketplace as the country tightens its regulatory muscle...

Bank of Canada launches CBDC consultation

Business

Steve Kaaru

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10 May, 2023

Bank of Canada launches CBDC consultation

While a digital dollar “is not needed at this time,” the Bank of Canada wants to be ready as it...

Calgary police team up with Chainalysis for new investigation center

Business

Wahid Pessarlay

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16 April, 2023

Calgary police team up with Chainalysis for new investigation center

The center will provide blockchain training for law enforcement across the region and offer 24/7 case support for local law...

Business

Steve Kaaru

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14 April, 2023

Paxos exits Canada amid increasing regulatory crackdown

Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new...

dYdX exchange shuts down operations in Canada over unfavorable regulations

Business

Wahid Pessarlay

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11 April, 2023

dYdX exchange shuts down operations in Canada over unfavorable regulations

Users are given a seven-day window to make trades before moving all accounts into “close-only mode,” and in this mode,...

Binance’s terrible, horrible, no good, very bad week

Business

Steven Stradbrooke

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31 March, 2023

Binance’s terrible, horrible, no good, very bad week

Receipts are piling up against Binance, while boss Changpeng Zhao is in a race against time to flip the table...

OKX point to ‘new regulations’ as reason for Canada exit

Business

Steve Kaaru

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22 March, 2023

OKX point to ‘new regulations’ as reason for Canada exit

Canadian regulators have been shoring up digital currency regulatory loopholes and demanding better from VASPs, and OKX is unable to...

Bank of Canada experiments with offline CBDC payments

Business

Wahid Pessarlay

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4 March, 2023

Bank of Canada experiments with offline CBDC payments

Bank of Canada claims that an offline central bank digital currency will allow users to transfer digital Canadian dollars without...

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