Canada News
ECB, Canada Cut Interest Rates, Arthur Hayes Says This Could Jump-Start Crypto Market
While many had high hopes for several US interest rate cuts in 2024, we are yet to see any such cuts. Meanwhile, Canada and the European Uni...
On the Radar – Coins to Watch 06/06
With Bitcoin breaking above $70k this week, things may start heating up. Notable buying power has been coming from US Exchange-Traded ...
Canada’s Financial Regulator Fines Binance Holdings $4,300,000 Over Alleged Anti-Money Laundering Failures: Report
Regulators in Canada have reportedly fined Binance millions of dollars after the crypto exchange allegedly failed to comply with anti-money ...
Canadian crypto exchanges reach $1B in assets under management
Bitbuy and Coinsquare, two of the largest crypto exchanges domiciled in Canada, have surpassed $1 billion CAD in assets ($736 million) under...
Crypto ownership in Canada slips in 2023, but average value of holdings rose
The number of crypto hodlers in Canada dropped slightly in 2023, but the average value of their holdings rose significantly. However, 77% of...
FTX Fallout Leaves Crypto Exchanges in UK and Canada at a Crossroads
The collapse of FTX and the conviction of former CEO Sam Bankman-Fried has left the crypto industry with questions about how it will survive...
Kraken to suspend trading for USDT, DAI, WBTC, WETH, and WAXL in Canada
Kraken will suspend all transactions related to USDT, DAI, WBTC, WETH, and WAXL in Canada in November and December, according to multiple cu...
Canada central bank assesses innovations and challenges of DeFi
The Central Bank of Canada published a staff note on Decentralized Finance on Oct. 17, assessing the innovations that made it popular and th...
Canadian Securities Regulator Provides Stablecoin Guidance: ‘May Constitute Securities’
In a move to provide clarity and guidance to crypto asset trading platforms, the Canadian Securities Administrators (CSA) has issued interim...
Ripple Labs’ UBRI Connect To Debut XRPL Banking Interface Prototype
In a recent revelation, Wrathof Kahmeman, a prominent figure in the XRP community, highlighted an intriguing development concerning Ripple L...
Coinbase In Talks With Canadian Banks To Rally Support For Crypto
Coinbase is reportedly holding talks with some of the largest financial institutions in Canada. The exchange is trying to gather support for...
Coinbase Is Talking With Canadian Banking Giants to Promote Crypto
The U.S.-based crypto exchange started operations in Canada earlier this month as part of its international expansion amid a regulatory crac...