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Kraken Hits $2 Billion CAD in Custody, Focuses on Crypto Knowledge Growth
- Ontario Securities Commission reports 54% of Canadians defined cryptocurrency in 2023.
- Recently, the firm has introduced crypto-based derivatives for Australian wholesale clients.
Thursday, 21/11/2024 | 16:34 GMT by
Tareq Sikder
Transak Secures Dual Licenses in Canada and Delaware for Crypto Access
- The firm secured the second Money Transmitter License from Delaware, following one from Alabama.
- The company is registered with FINTRAC in Canada to operate as a Money Services Business.
Friday, 01/11/2024 | 12:20 GMT by
Tareq Sikder
Stripe Scales Up with New Toronto Office amid 50% Growth in Payment Volume
- The firm offers products like Tap to Pay on iPhone and usage-based billing to assist Canadian businesses.
- The company is hiring for engineering, product management, sales, and design roles at its new office.
Friday, 27/09/2024 | 08:28 GMT by
Tareq Sikder
Canada Strikes Gold (and Oil) in an Unexpected Trade Windfall
- The country sees increased oil and gold exports propel it into a surprise trade surplus.
- Canada's trade balances turn positive as exports rise by 5.5%.
- The surge is linked to the opening of a new oil pipeline serving Asian-Pacific markets.
Wednesday, 07/08/2024 | 08:19 GMT by
Louis Parks
The Impact of Provincial and Federal Tax Changes on Toronto Residents
- Navigating tax changes is vital for Toronto residents' financial planning.
Wednesday, 31/07/2024 | 08:14 GMT by
FM
Canadian Securities Regulator Uncovers Social Media Investment Scams
- The regulator warned against scammers who artificially inflate stock prices by heavily promoting shares they own and then selling them once prices peak, causing losses for new investors.
- Other fraudsters initially discuss well-known stocks but later steer investors towards riskier, less familiar stocks listed abroad, such as in Hong Kong.
Tuesday, 09/07/2024 | 16:02 GMT by
Jared Kirui
Webull Canada Enhances Investment Options with TFSA and RRSP Accounts
- TFSAs allow tax-free growth on investments, while RRSPs offer a savings plan for retirement contributions.
- New accounts have followed Webull Canada's high-interest cash management launch.
Tuesday, 25/06/2024 | 13:18 GMT by
Tareq Sikder
Canada's Questrade Integrates TradingView to Enhance Market Access
- This offering enables users to access market data, manage accounts, execute trades, and analyze markets.
- To connect, users navigate to the trading panel, click the Questrade icon, and enter broker account credentials.
Tuesday, 28/05/2024 | 13:53 GMT by
Jared Kirui
Square Taps into the Canadian Market with iPhone Payment Feature Launch
- The feature is included in iOS apps like Point of Sale, Retail, and Appointments.
- Sellers open the app, add the transaction, and buyers complete payment by tapping their contactless method.
Thursday, 23/05/2024 | 16:15 GMT by
Tareq Sikder
Broadridge Strengthens Presence in Canada with Acquisition of Wealth Management Platform
- Kyndryl plans to collaborate with Broadridge Canada to provide managed services to SIS.
- Broadridge has appointed RBC Capital Markets as a financial advisor for the acquisition.
Monday, 13/05/2024 | 13:51 GMT by
Jared Kirui
Binance Faces $4.38M Fine from Canada's Anti-Money Laundering Watchdog
- The firm failed to register with FINTRAC and omitted reporting over 5,900 virtual currency transactions.
- It halted operations in Canada last year, leading to queries about its regulatory compliance.
Thursday, 09/05/2024 | 15:53 GMT by
Tareq Sikder
Unlocking the Financial Vault: Canada's Open Banking Revolution
- The road ahead.
Monday, 22/04/2024 | 16:00 GMT by
Pedro Ferreira
The Loonie Goes Lightning Fast: Canada's Real-Time Payments Revolution
- Rewriting the very fabric of Canadian finance.
Wednesday, 17/04/2024 | 16:00 GMT by
Pedro Ferreira
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