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News
Winklevoss Twins' Gemini Files for Pre-Registration in Canada
2023-04-14T10:42:10.573+02:00
Crypto exchanges need to register themselves to continue operations in Canada.
Paxos recently decided to shutter its Canadian operations.
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News
Crypto in Canada: Paxos to Exit; Chainalysis Ties Up with Calgary Police
2023-04-13T10:55:02.392+02:00
Canadian regulators have mandated the registration of crypto businesses.
Paxos will close all activities on June 2.
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CryptoCurrency
Kraken Files Pre-Registration with Canada’s Ontario Regulator
2023-03-30T18:04:52.232+02:00
OSC banned KuCoin and fined Bybit last year for operating without authorization.
However, Kraken says it remains committed to Canada.
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Thought Leaders
Bank of Canada Finally Puts the Brakes on Interest Rates
2023-03-09T12:36:03.797+02:00
The Bank of Canada has increased interest rates at a record pace during the last 11 months
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CryptoCurrency
Canada Gives 30-Day Registration Ultimatum to Crypto Exchanges
2023-02-23T10:02:39.106+02:00
Exchanges unable to comply need to offload Canadian users.
None of the platforms can offer or take deposits in stablecoins.
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Retail FX
Canadian Public Bank ATB Financial Onboards smartTrade’s FX Solution
2023-01-26T21:17:10.623+02:00
smartTrade acquired Toronto-based TickTrade Systems in November 2021.
The technology provider said it is placing a strong focus on growth in 2023.
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CryptoCurrency
Canada's CSA Labels Stablecoins as 'Securities and/or Derivatives'
2022-12-13T13:34:23.235+02:00
Regulated crypto platforms cannot offer 'securities and/or derivatives'.
The CSA is strengthening oversight of the crypto industry.
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Brokers
Best Forex Brokers in Canada
2022-12-06T13:02:48.199+02:00
Are Canadian forex traders getting the best out of their brokers?
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FinTech
Paytechs of Canada Rebrands, Gains Mastercard, Square and Wise Support
2022-11-29T13:01:51.924+02:00
After three years, Paytechs of Canada changed its name to Fintechs Canada.
Payment giants like Mastercard have joined the initiative to support the local fintech industry.
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CryptoCurrency
Coinsquare Acquires CoinSmart, Plans to Boost Presence in Canada
2022-09-24T11:31:11.686+02:00
The companies entered into a definitive agreement on 22 September.
CoinSmart’s management team will also join Coinsquare.
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News
Canadian Fintech Investments Dip Sharply in H1 2022
2022-09-09T11:00:39.145+02:00
The country’s fintech sector attracted $810 million in the first half of 2022.
In H1 2021, the figure stood at around $5.4 billion.
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News
Crypto.com Signs a Pre-Registration Undertaking with OSC in Canada
2022-08-16T10:44:26.227+02:00
The company is planning to expand its presence in the region.
Crypto.com recently received regulatory approval from CySEC.
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Regulation
Canada’s Ontario Regulator Bans Crypto Exchange Kucoin, Fines Bybit
2022-06-23T08:02:59.840+02:00
Bybit is now in discussion with the regulator for registration.
It suspended new client onboarding and also some leveraged products.
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News
FTX Acquires Alberta-Based Crypto Platform Bitvo
2022-06-17T19:24:00.000+02:00
Bitvo is registered as a restricted dealer in Canada.
The firm is based in Alberta, Canada.
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CryptoCurrency
Canadian Bitcoin Firm, Shakepay, Gains New Security Certificate
2022-05-10T15:49:57.075+02:00
Attestation took several months of working with auditors from A-LIGN
The audit was based on principles set by AICPA's TSC.
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News
Neo Financial Raises $185 Million in Funding
2022-05-07T08:56:32.174+02:00
The fintech company has received a valuation of more than $1 billion.
Neo’s total funding now stands at around $299 million.
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Brokers
Admiral Markets Gains Canadian License for CFDs Offering
2022-04-29T11:25:48.022+02:00
The broker will initially offer its services in two states.
It came as a part of the broker’s strategy for global expansion.
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FinTech
Stablecorp Gets $1.5m to Launch Canadian Dollar DDR
2022-04-25T17:04:51.688+02:00
Investors include Circle Ventures, Genesis and SDF, among others.
Stablecorp entered into a partnership with VersaBank in February 2021 to develop VCAD.
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CryptoCurrency
WonderFi Technologies Acquires a Second Cryptocurrency Exchange in Canada
2022-04-18T15:51:24.611+02:00
Definitive agreement is to acquire Coinberry for $25.54 million
WonderFi is planning to extend its reach beyond Canada.
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FinTech
2 GlobeNewswire Employees Are Suspected of Insider Trading by the OSC
2022-04-13T11:38:14.325+02:00
Two Canadian programmers that worked for Intrado Corporation are the prime suspects.
250 instances were found by the Ontario Securities Commission.
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CryptoCurrency
Canadian Crypto Industry Leaders Create Non-profit Organization
2022-03-29T21:49:00.000+02:00
The non-profit is aimed to push for regulation in the domestic crypto industry.
Dapper Labs, Ledn, Ether Capital and Wealthsimple are part of the Council.
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News
Bank of Canada and MIT to Work on Joint CBDC Collaboration
2022-03-17T01:28:00.000+02:00
MIT Media Lab's Digital Currency Initiative will work with the central bank.
CBDC research will be influenced by this exploration.
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News
XTM Accelerates US Roll Out with Apple Pay and Google Pay
2022-03-16T16:35:12.958+02:00
The roll out will support payments.
All ‘Today Card’ holders will be able to make payments through mobile devices.
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Brokers
Forex.com Expands Trading Services in Canada
2022-03-16T15:10:59.601+02:00
The broker will offer over 2,500 new tradable markets in the country.
It will also offer CFDs trading to the Canadians.
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Arnab Shome
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Regulation
CSA Advise Canadians to Ask Questions before Investing in Cryptos
2022-03-11T21:42:00.000+02:00
The authority launched a TikTok campaign about the matter.
Do I understand what I am investing in?
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