Canada Financial News

27.01 / 12:57

Blockchain CEO Platform Bitcoin Canada should 'plant a flag' in crypto, Says Wealthsimple Co-founder

Mike Katchen, CEO and co-founder of crypto and stock trading platform Wealthsimple, said the Canadian government should work on growing cryptocurrency and blockchain companies in Canada.

27.01 / 09:23

Citi Citigroup Citigroup plans £100m redesign of Canary Wharf headquarters

Citigroup is embarking in a major redesign of its UK headquarters in Canary Wharf as the US bank overhauls its offices to capitalise on growing demand for flexible working.

26.01 / 22:31

Progressive Bank of Canada Says Rate Increases Are Coming

OTTAWA—The Bank of Canada held its main interest rate steady at 0.25%, but said rate increases are on the horizon to deal with elevated inflation and an economy running at or near full tilt.

26.01 / 13:07

Citi Citigroup Citigroup plans £100m redesign of Canary Wharf headquarters

Citigroup is embarking in a major redesign of its UK headquarters in Canary Wharf as the US bank overhauls its offices to capitalise on growing demand for flexible working.

26.01 / 11:55

Economists Split on Whether Bank of Canada Raises Rates Wednesday

OTTAWA—Canada’s central bank is on the verge of raising rates given inflation pressures, analysts say, although they disagree on whether the increase is coming Wednesday or not until March or later.

26.01 / 03:45

Killing pension One of the world’s biggest pension funds just made a killing shorting stocks

One of the world’s largest pension funds is trying its hand at short-selling, and is making a killing in the process.

25.01 / 21:23

Blockchain Adoption copyrights Royalties Kanye West wants royalties from Paparazzi photos, with the help of NFTs

Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a video posted by ET Canada. Kanye can be heard saying to the cameraman:

21.01 / 13:27

Blockchain Twitter Digital Platform Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace

Twitter announced Thursday that it was rolling out an official verification mechanism for NFT avatars, allowing some users to set the NFTs they own as their profile picture.

20.01 / 17:04

business Adoption Bitcoin Canadian Bitcoin platform Shakepay raises $35M in Series A funding

It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED Investors values the company at $251 million.

20.01 / 01:09

business Food Bitcoin reports Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic

More than a year after a Canada-based Middle Eastern restaurant chain converted its fiat cash reserves into Bitcoin, the owner reported the move helped save the business during the pandemic.

19.01 / 18:39

COST Canada Inflation Reaches 30-Year High, Placing Spotlight on Central Bank

OTTAWA—Canada’s annual inflation rate edged upward in December to reach a three-decade high, a result that is bound to add pressure on the Bank of Canada to begin raising rates as early as next week.

19.01 / 14:20

Adoption Survey Survey shows that 67% of Canadians want to get paid in crypto by 2027

Receiving payment in crypto is gathering interest in Canada. A recent Capterra survey of 1,000 Canadian respondents revealed that 67% of the participants are interested in being paid in crypto in the next five years.

19.01 / 13:47

Blockchain Provident Digital Platform Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT

Toronto-based publicly-traded Blockchain technology company Tokens.com Corp. has launched Hulk Labs, a platform focusing on Crypto-Play-to-Earn gaming and Non-fungible token (NFT) investment.

18.01 / 19:18

ETF SEC Huobi Bitcoin Bitcoin spot ETF spot ETF The A to Z of what’s standing in the way of a Bitcoin Spot ETF in the USA

A Bitcoin Spot ETF in the USA has been on many wishlists for a while now, but Christmas 2021 did not deliver, leaving potential investors disappointed.

18.01 / 18:28

Binance Bitfinex Platform Poloniex Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors

Hong Kong-based cryptocurrency exchange Bitfinex announced it would be leaving the Ontario market, Canada's most populous, reminding users that should withdraw all their capital on or before March 1.

15.01 / 01:35

business Law Bitfinex Bitfinex advises Ontario-based users to close accounts before March 1

In a Friday announcement, Bitfinex said it would be immediately closing the accounts for Ontario-based customers who have no balances on the platform. In addition, it planned to restrict access to those who do not have open positions in the exchange’s peer-to-peer financing market or open margin positions.

13.01 / 12:45

Adoption Visa survey shows that 24% of SMBs plan to accept crypto payments

Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that there are not enough businesses that accept crypto. This may change very soon.

13.01 / 05:11

BofA, Wells Fargo and others band together to manage climate risk

A group of large banks, including Bank of America, Wells Fargo and Royal Bank of Canada, have formed a consortium to jointly address climate-related risks, a move that comes as financial institutions increasingly grapple with the issue.

12.01 / 19:59

Blockchain Ethereum BitMEX Bitcoin regulatory Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

12.01 / 14:57

BofA, Wells Fargo and others band together to manage climate risk

A group of large banks, including Bank of America Corp., Wells Fargo & Co. and Royal Bank of Canada, have formed a consortium to jointly address climate-related risks, a move that comes as financial institutions increasingly grapple with the issue.

11.01 / 13:43

Blockchain BLOCK Platform Bitcoin How To Buy Cardano (ADA) in Canada: Everything You Need to Know

Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.

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