Canada Financial News
13.12 / 21:53
UPS
Target
Canada Renews Central Bank’s Inflation-Targeting Mandate
OTTAWA—The Canadian government and Bank of Canada agreed Monday to renew the central bank’s mandate to target 2% annual inflation, with an emphasis on giving the central bank flexibility to address economic challenges and help obtain full employment when conditions warrant.
13.12 / 11:30
MET
Reuters
Assurant
China's Xi is set to meet Russia's Putin virtually on Wednesday
BEIJING — Chinese President Xi Jinping is set to meet virtually with Russian President Vladimir Putin on Wednesday, China's Ministry of Foreign Affairs said Monday.
10.12 / 13:57
UPS
Bank of Canada Highlights Concerns Over Supply Chain, Inflation Risks
OTTAWA -- The Bank of Canada on Thursday signaled its growing discomfort with high inflation and the possibility that supply chain disruptions could last longer than policy makers had anticipated.
06.12 / 08:33
Law
regulation
Trading
Singapore suspends Bitget exchange license over K-Pop coin promotion
Singapore-headquartered digital asset platform, Bitget, has reportedly been suspended by the Monetary Authority of Singapore after getting into a dispute with an agency for the popular K-Pop boy band BTS.
05.12 / 15:05
Ethereum
Bitcoin
US and European allies condemn Taliban over 'summary killings'
The United States and their European allies condemned the Taliban on Sunday following reports that former members of the Afghan security forces were executed or forcibly disappeared.
03.12 / 19:35
Fallout
Canada Delivers Stellar November Job Gain, Putting Spotlight on Central Bank
OTTAWA—Canada continued its stellar job-creation run in November with another blowout performance that included a sharp drop in the unemployment rate to near pre-pandemic levels.
02.12 / 19:13
business
Blockchain
Adoption
Bitcoin
Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund
On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual fund), marking the first such assets to be made available in the country and confirming earlier reports on the matter. The funds have the tickers FBTC and FBTC.U, denominated in Canadian and United States dollars, and are listed on the Toronto Stock Exchange.
02.12 / 12:03
COST
Provident
CEO
Platform
Bitbuy Becomes First Crypto Trading Platform to be Regulated as a Marketplace in Canada
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
01.12 / 15:15
Blockchain
SEC
Bitcoin
spot bitcoin
Fidelity reportedly launching spot Bitcoin ETF in Canada
It's been a bumpy ride for Bitcoin (BTC) investors. While waiting on the United States Securities and Exchange Commission (SEC) to make their decision about whether or not they will approve a spot Bitcoin exchange-traded fund (ETF), U.S-based investment firm Fidelity Investments is reportedly launching a spot ETF in Canada subject to regulatory approval.
01.12 / 09:41
NFT
layer2
Mobile Games
NFT game Guild of Guardians raises $5.3M, token sale oversubscribed 82X
Upcoming NFT based mobile role-playing game Guild of Guardians has sold out two tranches of its native token (GEMS) totaling $5.3 million.
30.11 / 12:15
Blockchain
Provident
Extreme
Platform
New Metaverse Token For AMM and NFT Trading Announces Pre Sale
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
29.11 / 03:15
Racing
Variant
Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond
Countries around the world reported their first cases of the Omicron variant over the weekend and some imposed new travel restrictions, racing to protect themselves against the potentially more contagious strain even as scientists cautioned they don’t yet know how severe it will prove to be.
27.11 / 14:21
Provident
Digital
Future
Research finds stablecoins and a CBDC can ‘have a future together’ in Canada
Stablecoins and CBDCs are frequently being discussed of late. Regulators across the world, especially, have been weighing the pros and cons of these digital currencies and their implementation in their respective countries. A new report published by the C.D. Howe Institute in Canada considers this from a different point of view, that is linking stablecoins to a CBDC. The report is titled, “Two Sides of the Same Coin: why Stablecoins and a CBDC have a Future Together.”
26.11 / 19:09
Adoption
Africa
Bitcoin
Canada & Tanzania CBDC Plans, Celebrity NFT 'Concierge Service' + 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.__________
25.11 / 12:19
Stablecoin
Adoption
Bitcoin
Crypto poses no big risk to economy so far, Bank of Canada official says
Cryptocurrencies like Bitcoin (BTC) do not pose any significant risk to the financial system at their current level of adoption, according to Bank of Canada’s Deputy Governor Paul Beaudry.
24.11 / 11:37
Bank of Canada Raises Concerns Over High Household Debt
OTTAWA—Canadians’ high household debt levels are re-emerging as a concern despite the massive fiscal support offered by the federal government during the pandemic, a senior Bank of Canada official said Tuesday.
21.11 / 15:09
cryptocurrency
Tesla
Bitcoin
week
elon
Tech this week: Teen arrested over €32 million crypto heist and Elon Musk continues Tesla stock sale
A teenager in Canada has been arrested for the alleged theft of C$46 million (€32 million) worth of cryptocurrency.
18.11 / 21:15
Blockchain
Mining
information
Canadian Bitcoin mining company now offers a bridge for the information and solutions gap in blockchain
Those unfamiliar with blockchain may be quick to assume that its uses are focused on financial services. However, this is only a single application of how the technology can help accelerate traditional business practices. Among other examples are the safe storage and transfer of records in the medical industry, providing transparency to records in the food supply chain and accelerated processing in the insurance industry, to name a few.
18.11 / 19:51
18.11 / 17:23
cryptocurrency
Crime
Canadian Youth Arrested Over USD 36.4M Crypto Theft
A Hamilton youngster has been arrested for alleged involvement in the theft of over USD 36.5m worth of digital assets - the biggest theft reported by one person.
18.11 / 17:00
Electric-Vehicle Spat Looms Over Biden’s Meeting With Canadian, Mexican Leaders
When President Biden hosts counterparts from Canada and Mexico at the White House on Thursday, he will face visitors who have accused his administration of promoting electric vehicles and union jobs at the expense of trading relationships with neighboring countries.
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