Canada’s regulatory clarity is bringing institutions to crypto — WonderFi CEO
Dean Skurka stated that although regulations have increased costs, they have also led to greater interest in crypto from institutions.This post was originally published on this site
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways.This post was originally published on this site
Canadian police reported using Chainalysis Reactor to trace crypto crimes
Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been deposited. This post was originally published on this site
Free Bitcoin on Zaps experiment — but what are Zaps?
Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on.This post was originally published on this site
Canadian crypto ownership declined amid tight regulations, falling prices
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. This post was originally published on this site
Canada proposes new capital rules for crypto holdings
The Office of the Superintendent of Financial Institutions is opening public consultations on two draft guidelines, updating its capital and liquidity approach to crypto assets. This post was originally published on this site
Canada’s court deem ? emoji valid as a contract agreement: Report
The case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying with a thumbs-up emoji.This post was originally published on this site
‘A lot of the bad actors have been shaken out of the market’ — Bitvo CEO
Bitvo president and CEO Pamela Draper spoke with Cointelegraph at the Collision Conference in Toronto on the firm almost being acquired by FTX and Canada’s regulatory environment.This post was originally published on this site
Canadian crypto exchange Bitvo reduces withdrawal fees by 50%
Several cryptocurrency exchanges have announced leaving the Canadian crypto market citing the Canadian regulations. Bitvo aims to leverage the market gap created by the leaving crypto exchanges. The reduced withdrawal fee takes effect starting today June 1, 2023. Canadian-based cryptocurrency Bitvo Inc (“Bitvo”) has today announced that it is reducing its withdrawal fee by 50% […]
Crypto exchange Bybit exits Canada, citing ‘recent regulatory development’
Headquartered in Dubai, Bybit plans to leave Canada while exploring expansion into new markets like Kazakhstan.This post was originally published on this site