County Canadian Financial News

30.06 / 10:55

inflation Food Prices food inflation More competition can help keep ‘grocery prices in check,’ report argues

Governments must act to bring more grocers into the Canadian market, argues a new Competition Bureau report examining concentration in the sector.

20.06 / 21:21

regulation Department Of Justice Drugs IRS FBI Interpol Five US enforcement agencies form new digital currency anti-crime task force

A diverse group of United States enforcement agencies have made official their cooperation on crimes related to the darknet and digital currency with the announcement of the Darknet Marketplace and Digital Currency Crimes Task Force on June 20. The new organization will target “cryptocurrency-enabled crimes” such as drug trafficking, money laundering, theft of personal information and child exploitation.

12.05 / 20:57

Stablecoin Binance regulation security Binance calls it quits in Canada, blames new rules

Binance will withdraw from the Canadian market, the cryptocurrency exchange announced on Twitter on May 12. It called its withdrawal “proactive” as new guidance issued by Canadian regulators continues to take a toll on the country’s crypto industry.

20.04 / 16:57

Binance regulation security Brazilian authorities investigate Binance for guiding clients past stop order: Report

Binance is under investigation in Brazil by the Federal Prosecutor’s Office and Federal Police, according to a report in Valor Econômico newspaper. The cryptocurrency exchange has allegedly been helping clients evade a stop order on cryptocurrency derivatives investments.

11.01 / 01:31

business Blockchain Crypto.com delists USDT for Canadian users following OSC ban

According to user reports on Jan 10, cryptocurrency exchange Crypto.com plans to delist Tether (USDT) for Canadian users effective Jan 31, 2023. According to the firm, if users do not withdraw or convert their USDT assets by the deadline, then their Tether will be automatically converted into USD Coin (USDC).

22.12 / 09:25

Adoption Electricity Bitcoin British Columbia Power Crypto miners British Columbia to halt new power connections for crypto miners

A state-owned electric utility provider in the Canadian province of British Columbia is set to halt all new electricity-connection requests from cryptocurrency miners for a period of 18 months.

22.11 / 13:45

ATM Bitcoin How to buy cryptocurrency in Canada?

Purchasing cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) or Ether (ETH) in Canada is on an upsurge as crypto ownership rises. Moreover, the Ontario Securities Commission, in their report, stated that more than 30% of Canadians plan to buy crypto assets in 2023.

17.11 / 18:09

business Bitcoin Australian Australian firm raises $28M to expand Bitcoin mining capabilities

The turbulent climate of the crypto industry is not putting a full stop to builders in the space. Arkon Energy, an Australian renewable data center infrastructure company, recently raised millions to expand its Bitcoin (BTC) mining operations and acquired another European-based data center.

07.11 / 17:03

Adoption Europe ATM Bitcoin Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year

The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar.

04.11 / 01:05

business Mining Electricity Crypto miners Quebec's energy manager to seek government approval to stop powering crypto miners

Hydro-Québec, the firm managing electricity across the Canadian province of Quebec, plans to reallocate energy supplied to crypto mining firms.

06.10 / 13:47

UPS Target Man Bitcoin Prison Bitcoin Hacker Sentenced to 20 Years in Prison - Here's What He Did

09.09 / 14:31

European Union Queen Elizabeth II Royal Family Police, passports and postboxes: What does the Queen's death change?

From the national anthem to banknotes and stamps to passports, many material changes will kick in following the death of Queen Elizabeth II and the accession of Charles III.

05.09 / 09:31

Protests London Stabbings in Canada kill 10, wounding 15, with suspects still at large

Canadian police are continuing the searched for two suspects believed to have stabbed to death 10 people in an Indigenous community in Saskatchewan and a nearby town in one of the deadliest mass killings in the country’s history. The suspects also injured 15 people.

26.08 / 23:39

Ethereum litecoin ATM Bitcoin Deal US Crypto ATM Provider Bitcoin Depot to Go Public as Part of Merger Deal

26.08 / 12:59

UPS cryptocurrency Bitcoin Deal Bitcoin Depot To List In The US Through $885 Million SPAC Deal

Bitcoin Depot, founded in 2016, is a bitcoin ATM operator in North America.

25.08 / 13:15

Provident Digital Bitcoin Blockchain Capital Spirit Blockchain Capital to List on CSE in September

British Columbia, Canada-based Spirit Blockchain Capital Inc. (Spirit), which focuses on blockchain and digital assets, announced that it has received listing approval from the Canadian Securities Exchange («CSE»).

18.08 / 14:27

Ethereum litecoin Bitcoin Cash Bitcoin Canadian Exchanges' Cap on Annual Purchases Excludes Only Bitcoin, Ethereum, Litecoin and Bitcoin Cash

18.08 / 06:43

business Government regulation Ontario crypto exchanges impose $30K annual limit on altcoin buys

Canada-based crypto exchanges Bitbuy and Newton are enforcing a $30,000 (CAD) annual “buy limit” for "restricted coins" for their users based in Ontario in order to “protect consumers” amid tightened regulations.

04.08 / 05:43

regulation Cybersecurity Winnipeg police get provincial funding to beef blockchain forensics unit

Police in Winnipeg, the capital of the Canadian province of Manitoba, will be better prepared to deal with the use of cryptocurrency in cybercrime, thanks to $100,000 Canadian Dollars (CAD) in funding provided by the provincial government.

21.07 / 10:15

Nord Stream 1 restarts with fears of reduced capacity

Natural gas has started streaming again through the Nord Stream 1 pipeline after a 10-day shutdown, its operator has said, but the gas flow is expected to fall well short of full capacity.

22.06 / 16:40

business Adoption Binance Bitcoin Option Binance-owned Trust Wallet adds buy option via Binance Connect

Trust Wallet, a major self-custodial cryptocurrency wallet owned by the Binance crypto exchange, has completed a significant integration to enable easier crypto purchases.

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