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Canadian crypto exchanges face deadline for CIRO membership
6.8.2024
Crypto traders have been on interim rules since March 2021, and it’s time to finalize membership in the securities industry's self-regulatory organization
Canadian crypto adoption struggles as cash remains king
3.7.2024
For two years in a row, Canadians have shown a strong preference for cash and card payments for day-to-day purchases
'Crypto King' Aiden Pleterski faces fraud, money laundering charges
16.5.2024
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation
Canadian ‘Crypto King’ and Associate Arrested for Alleged $29.4M Investor Fraud
16.5.2024
Two Ontario men, one of whom is a self-described “Crypto King,” have been arrested and charged with fraud. They allegedly received over C$40m ($29.4m) from investors.
The post Canadian ‘Crypto King’ and Associate Arrested for Alleged $29.4M Investor Fraud appeared first on Cryptonews
Coinbase Reaches ‘Crucial Milestone’ in Canada With Restricted Dealer Registration
7.4.2024
Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has...
Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery
23.2.2024
Balance, a digital asset custodian based in Canada, has revealed that it has once again achieved $2 billion in assets under custody (AUC) amid the recent recovery in crypto markets.
The post Canadian Crypto Custody Firm Balance Sees Assets Reach $2 Billion Amid Market Recovery appeared first...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Crypto App Shakepay Reveals Data Breach Affecting a ‘Small Number’ of Customers
16.12.2023
In a recent announcement, Shakepay, the Canadian crypto app, disclosed a data breach involving unauthorized access to personal information of a select group of its customers. The breach, detected on Dec. 13, 2023, compromised data but did not affect any bank accounts, crypto wallets, or customer...
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
Crypto Regulation News Weekly Digest: SEC Sues Kraken and IOSCO Issues Crucial Crypto Regulations
21.11.2023
  Multiple countries advanced cryptocurrency oversight last week through legal actions, guidance, and policy initiatives. Image by RareStock, Adobe Stock. The past week brought several new major developments on the crypto regulation front. The SEC sued a major crypto exchange, IOSCO developed...
NBA Star Seeks to Void Property Sale After Learning of Canadian Crypto King’s Past Occupancy
4.11.2023
National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski’s occupancy of the property after his girlfriend reported...
Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
18.9.2023
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
17.8.2023
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway
Canadian crypto ownership declined amid tight regulations, falling prices
4.8.2023
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada's 2022 survey
Bybit Joins Binance in Exit from Canadian Crypto Market – What's Going On?
31.5.2023
Crypto exchange Bybit has announced plans to exit Canada, citing growing regulatory scrutiny in the country.
"In light of recent regulatory development, Bybit has made the difficult but necessary decision to pause the availability of our products and services," the crypto platform said in...
Trio of Canadian Crypto Exchanges Confirms Plans to Merge
3.4.2023
WNDR shares have surged following the announcement, currently up 43.75% at 0.23 Canadian dollars on the day
Canadian Crypto Miner Pow.re Lands 100 MW Contract in Paraguay
8.3.2023
Pow.re is one of the few companies building out 100 MW of mining in the South American country
Canadian Crypto Trading Platforms Face 'Enhanced' Rules Under New Regulations
22.2.2023
The Canadian Securities Administrators published new guidance for the local crypto industry Wednesday, warning exchanges and other platforms they would have to abide by "enhanced investor protection commitments."
Jacob Robinson, Crypto Lawyer, on Crypto Taxation and Canadian Crypto Governance | Ep. 200
31.1.2023
In an exclusive interview with cryptonews.com, Jacob Robinson, Crypto Lawyer, talks about crypto enforcement in Canada, crypto governance, and the tension between crypto and the law.
Jacob Robinson is the host of the Law of Code podcast, Director of Operations at the DAO Research Collective,...
Canadian Crypto Exchanges Coinsquare, WonderFi in Advanced Talks to Merge: Bloomberg
12.1.2023
The combination would create the country’s largest cryptocurrency exchange