Search Results for "canada"
Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements
Canadian market regulators have warned cryptocurrency service providers against those to mislead investors through their gambling style advertisements.
Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud
The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.
dYdX to Exit Canadian Market Amid Regulatory Restrictions
Cryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.
Ripple Opens First Office in Canada with New Growth Plan
Ripple has opened its first regional office in Canada as part of its strategy to increase access to its users.
Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers
Coinbase will require regional users to provide recipients' names and addresses whenever they transfer funds to other firms or exchanges, effective in April.
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance faces a class-action lawsuit in Canada for allegedly violating securities laws by selling crypto derivative products to retail investors without proper registration, highlighting the significant presence of retail investors.
OKX to Halt Services in Canada Due to New Regulations
Cryptocurrency exchange OKX has notified its Canadian users that it will no longer provide services or allow new account openings in Canada, starting on March 24, 2023, due to new regulations. Existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023, and fiat or tokens must be withdrawn by the same date.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
Canada's Emergencies Act to Target Crypto Transactions, amid Anti-Vaccination Protest
The Emergencies Act gives local authorities more tools to control protestors by freezing bank accounts and keeping an eye on “large and suspicious transactions,” including crypto.
The Ontario Securities Commission Flags Crypto Exchanges CEO's Tweet to Law Enforcement
The Ontario Securities Commission has flagged Twitter posts to the law enforcement by the CEOs of cryptocurrency exchanges Kraken and Coinbase Global Inc., according to the Logic report.
Canadian Lawmaker Introduces Bill, Seeking to Aid Crypto Industry's Growth
Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill that seeks to provide leeway for crypto and their ecosystem to thrive in the country.
Canada Tightens Crypto Asset Regulations for Public Investment Funds
The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types.
