As the popularity of cryptocurrencies has grown over the last few years and several investors have added them to their portfolios globally, governments and regulators have taken a new refined approach. This is especially in Canada, where regulators have placed importance on increasing regulations in the space.
Cion Digital has expanded its operations to Canada – giving Canadian auto dealers access to fast and compliant crypto payment and lending solutions.
Cion Digital’s proprietary blockchain orchestration platform allows institutions to build innovative finance solutions quickly, and seamlessly connect their legacy systems with the complex and ever-changing world of decentralized finance.
Coinweb, a cross-computation Layer-2 platform delivering true interoperability, has announced its registration with Canadian Regulator, FINTRAC, in its latest move toward expanding into the North American market.
Founded in 2017, Coinweb is a layer-2 cross-chain computation platform that aims to solve some of the most critical problems that exist within Distributed Ledger Technology today.
Crypto exchange CoinSmart has announced that its wholly owned operating subsidiary Simply Digital Technologies Inc. is now registered as a restricted dealer under securities laws across Canada.
CoinSmart provides customers with an intuitive trading platform for buying and selling digital assets,
CoinSmart, a regulated crypto exchange in Canada, has announced a $3.5 million ($4.5M CAD) seed funding round.
CoinSmart provides customers with an intuitive trading platform for buying and selling digital assets, like Bitcoin and Ethereum, combined with the seamless ability to on-ramp and off-ramp fiat.
Hut 8 Mining, North America’s largest crypto miner, has announced that it has finalized the terms of a C$7.5 million ($5.6M USD) financing deal.
In a press release, Hut 8 said that it has entered into an underwriting agreement with a syndicate of underwriters led by Stifel GMP and including Canaccord Genuity Corp.,
Crypto exchange KuCoin has announced that its OTC Trading Desk is now supporting Canadian dollars (CAD).
Established in September 2017, KuCoin is a global cryptocurrency exchange that supports multiple asset trading. KuCoin has grown into one of the most lauded cryptocurrency trading platforms.
Hardware wallet security firm Ledger has announced that digital asset wallet management solution Ledger Vault has been selected to secure VirgoCX, a Canadian fiat-to-crypto trading platform for both retail and institutional clients.
Ledger Vault, a core business unit of Ledger,
The Manitoba Securities Commission (MSC), a Canadian provincial regulator, has issued an investor alert on two European crypto firms after a rural Manitoban has been defrauded of over $8,000.
Last week, the regulator accused Jbcapitals and Halifax & Associates,
Crypto mining firm Sazmining Inc. is teaming up with Canadian cryptocurrency firm Drillbit Crypto and Horseshoe Power in order to expand their mining operations internationally to Alberta, Canada.
Based in the US, Sazmining offers a 360 approach to cryptocurrency through joint venture crypto mining projects,