🚀 Coinbase conquers Canada amid US regulatory woes! 🇨🇦 Dive into the strategic move reshaping the crypto landscape. #Coinbase #Canada #CryptoExpansion #RegulatoryCompliance #Innovation
#ShibaInu will be present at the Blockchain Futuristic Conference in #Toronto, this is a significant moment for #SHIB and the #SHIBArmy. #Shibarium #Canada #BlockchainFuturisticConference2023
Binance Tax, a new service, allows users easy access to tax information connected to their profit and loss. Read for more info.
According to a recent report, the Crypto.com exchange firm is delisting USDT from its website in Canada. Read for more info.
British Columbia, a province in Canada, has imposed a temporary halt on new requests for energy connection from bitcoin miners for the next 18 months.
The Mohawk Council of Kahnawake (MCK) and Kahnawake Blockchain Technologies are to apply for more energy to Hydro Quebec. MCK also partners with Pow.re to mine cryptocurrency. Kahnawake would obtain a percentage of the Bitcoin mined. Quebec’s governing body Mohawk Council of Kahnawake (MCK), which members created the new fintech Kahnawake Blockchain Technologies, permitted the fintech firm to apply for more electricity in Hydro Quebec. The energy will be used to power the community’s cryptocurrency mining operations. According to the published article of Local Journalism Initiative Reporter Marcus Bankuti, the idea was suggested by the company Pow.re, which offers a
Pierre Poilievre was chosen as leader of the Conservative Party of Canada. He said that he wanted Canadians to have more control over their own money. He is a great supporter of Bitcoin and cryptocurrencies. On Saturday, Pierre Poilievre was elected leader of the Conservative Party of Canada. Pierre is a partisan firebrand who blames Canada’s inflation on Justin Trudeau’s Liberal government and opposes vaccine requirements. A 43-year-old career politician, Poilievre served in Stephen Harper’s Cabinet as a Minister. While in London, Ontario, Poilievre stated that he desired Canadians to have more control over their own money. He put cryptocurrencies
Canada imposes a new buy cap of 30k for her users. The new regulation also applies to “restricted coins,” which are cryptocurrencies other than BTC, ETH, LTC, and BCH. Ontario has just adopted new crypto-specific regulations. According to reports, to enhance consumer safety, Newton, Bitbuy, and other Canadian cryptocurrency exchanges declared they would impose a new net buy cap of 30,000 CAD for users in Ontario. Other cryptocurrencies outside BTC, ETH, LTC, and BCH and “restricted coins” are also subject to the new rule. This happened after Toronto-based cryptocurrency exchange Newton filed to register with the Ontario Securities Commission (OSC)
Ripple announces its intention to make Canada a crypto hub. The company will hire hundreds amid global crypto layoffs. It aims to open an engineering hub to drive innovation in the country. Ripple is opening an office in Toronto, Canada. The blockchain company is hoping to make Canada serve as a crypto hub. In fact, Ripple is planning on hiring 50 engineers to have the hub kick into full gear. As the year goes by, they plan to hire hundreds more. As we can see from the tweet above, the announcement seems to be receiving a very warm reception from
Political tensions on countries like Russia, Ukraine, and Canada have been affecting the Bitcoin bull run Investors are threatened that political issues may lead to risk-sensitive digital investments Bitcoin’s 24-hour trading price lowered to as low as $36,500. The ongoing political tensions in countries like Ukraine, Russia, and Canada are setting the Bitcoin bull run at stake. This is due to investors fearing economic repercussions following today’s asset price trading of as low as $36,500. Despite the legalization of Bitcoin early this February by the Ukrainian Parliament, the statement released by Russian President Vladimir Putin that they are ready to
Binance stops its services in Ontario Canada UK cracks down crypto exchange operations in the country The world’s biggest crypto exchange, Binance can no longer continue its service in Ontario, Canada. This movement of Binance was made after Ontario accused Bybit for failing to follow the rules of the province. According to the government of Ontario, Bybit failed to bring its operations into compliance with Ontario securities law before its deadline on April 19, 2021. The Chair and CEO at the OSC, Grant Vingoe explained further: “Unregistered crypto-asset trading platforms expose Ontario investors to significant risks, including potential loss, theft
