Browsing the "Canada" Tag

Canada’s Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K

| Daniel Palmer

Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.

Five Banks Now Let Users Verify Their Identities Using a Blockchain App

| Yogita Khatri

Five Canadian banks have rolled out a new blockchain-based mobile service from SecureKey to let customers securely verify their identities.

Central Banks Settle Cross-Border Payments With Blockchain for First Time

| Yogita Khatri

The central banks of Canada and Singapore have for the first time settled cross-border payments using blockchain and central bank digital currencies.

Now There’s a Canadian Dollar-Pegged Stablecoin on the Way

| Yogita Khatri

Toronto-based cryptocurrency exchange Coinsquare is launching a stablecoin pegged 1:1 to the Canadian dollar.

Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin

| Yogita Khatri

A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.

Police Freeze Accounts, Seize Luxury Cars in Probe of ICO Promoter Vanbex

| Marc Hochstein

Canadian police have frozen assets of the founders of Vanbex, as part of a fraud probe into the firm's $22 million ICO.

Canadian Municipality Set to Accept Bitcoin for Property Tax Payments

| Yogita Khatri

The Town of Innisfil, Ontario, will accept bitcoin for property tax payments from next month in a one-year trial project.

From Law to Lawlessness: Bits of the Untold QuadrigaCX Story

| Christine Duhaime

QuadrigaCX was once a well-run exchange but changed course overnight, writes a lawyer who represented the firm early on.

Canada Proposes Regulatory Framework for Cryptocurrency Exchanges

| Yogita Khatri

Canadian financial regulatory authorities have called for public comment on rules for cryptocurrency exchanges in the country.

Bitfury Integration to Bring Bitcoin Lightning Payments to More Merchants

| Yogita Khatri

The Bitfury Group has partnered with business payments processor HadePay to bring lightning network-based bitcoin payments to merchants.