Canada’s Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K
Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.
3iQ has listed the preliminary prospectus for its bitcoin fund as the next step toward an initial public offering (IPO), likely on the Toronto Stock Exchange.
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left.
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.
The Ontario Securities Commission (OSC) is allowing startup TokenFunder to facilitate secondary-market trading of its tokens in a testing environment.
A report from the Canadian Digital Chamber of Commerce compiles fresh data on Canada's blockchain industry – including some promising salary stats.