Many news outlets are reporting that Canadian Prime Minister Justin Trudeau could announce his resignation at a Jan. 6 press conference.
US spot Bitcoin ETFs have contributed to 100% of the record-breaking $44.2 billion crypto ETF inflows in 2024, according to CoinShares.
Chrystia Freeland said she would remain a member of Canada’s parliament but had resigned from Prime Minister Justin Trudeau’s cabinet.
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Circle has become the first stablecoin issuer to meet Canada’s new listing requirements for its USD Coin (USDC), marking a significant milestone amid ongoing reports of layoffs within the company. In a Dec. 4 post on X, Circle CEO Jeremy Allaire announced that USDC is the first of the top dollar-backed stablecoins to comply with […]
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The proposed plan by Vancouver Mayor Ken Sim for the city’s “diversification of financial resources” suggested an investment in Bitcoin as a reserve asset.
His body was found months after he was kidnapped from a Montreal condo. A 32-year-old woman has been charged with his murder.
The M2 money supply is an economic measure of the total amount of a sovereign nation's fiat currency currently circulating worldwide.
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Bitfarms announced a new member and leadership to its board as Riot Platforms’ still appeared poised to replace three members in October.
The Canadian government has previously come under fire for undermining the economic freedom of its citizens and freezing crypto donations.
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF.
Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase.
Binance, the world’s largest crypto exchange by trading volume, faces escalating regulatory challenges in multiple jurisdictions, including India, Canada, and the United States. India imposes $2.2 Million fine On June 19, India’s Financial Intelligence Unit (FIU) fined Binance 188.2 million Indian Rupees (approximately $2.2 million) for non-compliance with the country’s Anti-Money Laundering (AML) regulations. Per […]
The post Binance’s global operations under fire as fines and suspensions mount appeared first on CryptoSlate.
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators.
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.
FINTRAC reported that Binance facilitated 5,902 separate transactions of $10,000 or more in crypto from June 2021 to July 2023 and failed to register with the regulator.
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations.
The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021.
Even after Binance announced its departure from Canada in May 2023, local authorities have continued to investigate the exchange.
Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries.
Coinbase's expansion into Canada has cleared the hurdle of a "restricted dealer" registration, the company said on Thursday, making it the biggest registered crypto exchange in that jurisdiction.
Conifex, a B.C.-based cryptocurrency mining company, challenged B.C. Hydro's 18-month moratorium on mining.
A federal judge said there was no national emergency justifying the invocation of the emergency law which gave the government the power to freeze assets.
Vivek Ramaswamy and Ron DeSantis quit the U.S. presidential race, while Donald Trump promised to “never allow” a CBDC in the country.
The Canadian exchange suffered a security break earlier this month, resulting in the loss of an unknown amount of customer funds.
After $16 million in outflows the previous week, crypto fund offerings bounced back with $103 million in inflows in the week ending Dec. 22.