Canada - AllStocks Network

Canadian Securities Administrators Subject Crypto Exchanges to Securities Laws

Posted on January 21, 2020January 21, 2020 by Rehan Yousaf

Canadian Securities Administrators, an umbrella organization unifying various regulatory bodies, have issued a notice that instructs crypto trading platforms and the general public about the effects of securities regulations relevant to their actions. The notice issued in called ‘Guidance on the Application of Securities Legislation to Entries Facilitating the Trading of Crypto Assets’ and is categorized as Notice 21-327. The notice details that under certain conditions, the platforms will not be subjected to securities legislation….

DMG Blockchain Announces New Big Client While Ending Partnership with Bitmain

Posted on January 12, 2020January 12, 2020 by Julie Williams

The Canada-based blockchain and crypto company, DMG Blockchain Solutions Inc. (formerly known as Aim Explorations Ltd.) has announced the addition of another major client, but also the termination of the partnership with the world’s largest crypto mining chip maker, Bitmain. Filled with joy for the new big partnership formed and also sour about the end of the collaboration with Bitmain, DMG released a press release to share the good news with its clients and the…

Bankrupt Crypto Exchange QuadrigaCX’s Investors Request Founder’s Postmortem

Posted on December 15, 2019December 15, 2019 by Rehan Yousaf

The death of the founder of the now-defunct Canadian crypto exchange QuadrigaCX, Gerald Cotten, earlier this year has resurfaced in the news as Miller Thomson LLP has requested the Royal Canadian Mounted Police to conduct postmortem autopsy on the body. Legal representatives of consumers of the bankrupt cryptocurrency exchange have requested the police and other associated authorities to exhume the body of the deceased founder of the Canada-based crypto company. Lawyers have called for the…

Canada’s Blockchain Venture Capital Introduces the CUSD Stablecoin

Posted on November 14, 2019November 14, 2019 by Julie Williams

Blockchain Venture Capital Inc. (BVCI), one of Canada’s biggest blockchain enterprises, expressed profound joy as it announced the addition of a new virtual currency to its increasing list: the stablecoin CUSD. The blockchain-oriented firm is known for driving industry changes in the sector. And barely four months after the launch of the company’s other stablecoin, CADT, it has now made top headlines again. This time, it found a way to bridge the gap for both…

Canadian Once Anti-Crypto Bank RBC Now Poised to Jump on the Crypto Wagon

Posted on November 13, 2019November 13, 2019 by Julie Williams

Canada’s largest bank, the Royal Bank of Canada (RBC), is reportedly looking to venture into the highly volatile and controversial (at least in the banking community) crypto market, according to a report by the Logic. Besides being the biggest bank in Canada, accruing more than $965 billion in total assets, the RBC was notorious at a time for its anti-crypto stance. Thanks to the controversial nature of the crypto ecosystem, it is not unusual to…

Canadian Couple Tries to Sell their House in Bitcoin; “It’s the Future”

Posted on November 11, 2019November 11, 2019 by Ravi Rd

A couple from Calgary in Canada, Jennifer Blachette and Martin Kanka, are selling their house and asking for 27.1 Bitcoin(BTC)trade instead of dollars. This might be the first case of its kind that has drawn a lot of attention from media outlets. The local news outlet CTV News Calgary reported that the husband and wife Blachette and Kanka have recently put their house for sale. The surprising thing about it that caught the attention of…

Canadian Regulator Seizes Assets of Defaulting Einstein Crypto Exchange

Posted on November 6, 2019November 6, 2019 by Rehan Yousaf

The British Columbia Securities Commission (BCSC) announced through a blog post that it has taken action against a Canadian crypto exchange firm called Einstein Exchange. The BCSC is an independent provincial government agency that is in charge of regulating capital markets in the Canadian state of British Columbia. The BCSC said that it has taken the steps in order to protect the customers of the cryptocurrency exchange, which had stored their funds with the exchange….

Canadian Investment Manager 3iQ Gets Approval for Bitcoin Fund from Regulators

Posted on November 4, 2019November 4, 2019 by Rehan Yousaf

Founded in 2012 by Fred Pye and Jean-Luc Landry, 3iQ Corp. is an investment fund manager which focuses on digital assets and innovative technologies. On October 30, 3iQ announced to have received green light from the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund. The fund is now going to be listed for trading on a major Canadian stock exchange by the end of this year. OSC had refused to issue a receipt for…

Canadian Police Alerts to Crypto ATM Scam of Adjacent Deceptive Poster

Posted on September 2, 2019September 2, 2019 by Ravi Rd

Winnipeg police in Canada is warning Bitcoin ATM users about a new scam. Local police said that a poster located next to the machines claims that the crypto ATMs are currently going through some software upgrade and that users should transfer the cryptocurrency to the fraudsters’ own account. The posters advise users not to buy or deposit Bitcoin(BTC)trade in their wallet but instead to follow the instruction presented the poster. If the users would follow…

Crypto Exchange Coinsquare Wants to Upgrade ATMs to Crypto ATMs with Fintech Acquisition

Posted on July 4, 2019July 4, 2019 by Ravi Rd

Coinsquare, a leading Canadian crypto exchange, has recently acquired a controlling stake in fintech software developer company Just Cash. Coinsquare may expand its services with this investment. The amount of investment isn’t disclosed yet. The software developed by Just Cash will allow the users to buy cryptocurrencies directly from ATMs (any regular ATM) without disturbing their normal operations and without the necessity of installing any extra hardware and apps from either the user or the…

1 2 3 »