County Ontario Financial News

22.07 / 09:37
business Blockchain Electricity Texas Compass Mining to add 25,000 ASIC miners just weeks after staff cuts
Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in Granbury, Texas.
23.06 / 13:45
business Law regulation exchanges settlement Bybit enters into settlement agreement with Ontario Securities Commission
Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset trading platform.
23.06 / 00:33
Law regulation Canadian regulator takes enforcement actions against Bybit and Kucoin
The Ontario Securities Commission, or OSC, issued financial penalties against Bybit and Kucoin, claiming violations of securities laws and operating unregistered crypto asset trading platforms.
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.
18.04 / 19:23
business Binance partnership Joint Venture Gulf Energy pursues joint venture with Binance, invests in BNB
Thailand-based Gulf Energy has made strategic investments in cryptocurrency exchange Binance US and signaled its pursuit of a joint venture with the global Binance exchange as part of a targeted effort to gain exposure to the digital asset market. 
29.03 / 09:07
Adoption education Bitcoin Canadian PM candidate supports freedom to use Bitcoin as money
The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country.
22.03 / 14:45
cryptocurrency Legal Bitcoin Freedom Convoy crypto donations Crypto Donations To 'Freedom Convoy' Evade Government Seizure - Report
Despite the efforts by the Canadian government, most of the CAD 1.1m (USD 874,000) worth of cryptoasset donations made to the trucker protests (aka "Freedom Convoy"), an initiative that evolved out of the anti-COVID-19 health mandate protests, have reportedly dodged seizure by the authorities.
19.03 / 09:39
cryptocurrency Binance Platform cryptocurrency news Customers Binance Stops Taking On New Customers In Canada Province: Report
Binance says users in Ontario restricted from using its platform - regulator
19.03 / 09:21
Binance crypto news Binance news Binance says users in Ontario restricted from using its platform
crypto exchange by trading volume, has confirmed in an undertaking to the Ontario Securities Commission (OSC) that it would stop opening new accounts for users in the Canadian province, the regulator said on Thursday. The dispute between Binance and OSC started in June last year, when the exchange announced its decision to quit Ontario after a regulatory crackdown on crypto exchanges in the province for allegedly failing to meet securities laws. However, in December, Binance notified investors that it was allowed to continue its operations in Ontario while still being unregistered in the province, the OSC said.
19.03 / 00:37
business Blockchain Adoption Binance Time Binance tells regulators it will cease operations in Ontario... for real this time
Binance confirmed in an undertaking to the Ontario Securities Commission, or OSC, in Canada dated Wednesday that the crypto exchange will cease activities involving Ontario residents. Binance will also stop opening new Ontario accounts, and provide fee waivers and reimbursements to certain Ontario users under the administration of a third party, the company said. 
18.03 / 18:25
Provident Binance Action end regulatory Under regulatory pressure, Binance to end Ontario ops
However, Binance later "falsely notified" investors that it was allowed to continue operating in Ontario, says the OSC.The exchange has now undertaken to stop taking on new customers and to halt trading in existing Ontario accounts "apart from certain permitted actions to protect investors". The firm will also provide fee waivers and offer fee reimbursements.The Ontario setback is one of a myriad of regulatory problems that Binance has faced around the world over the last two years.
01.03 / 13:35
UPS Enterprise Patrick Freedom Convoy Canadian Court Extends Rare Order, Freezes up to $20M in crypto to 'Freedom Convoy'
In Canada, Ontario Superior Court has frozen millions of dollars and cryptocurrencies linked to organizers of the Ottawa’ Freedom Convoy’ protest by obtaining a so-called Mareva injunction.
23.02 / 14:15
business Adoption Bitcoin Canada to host Bitfury's new 28MW crypto mining facility
Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new crypto mining center adds to the list of existing Canadian sites currently operating in Drumheller, Alberta and Medicine Hat.
17.02 / 15:59
Dogecoin Ethereum cryptocurrency Bitcoin Drop Top cryptocurrency prices today: Ethereum, Dogecoin drop; Shiba Inu, Avalanche jump up to 4%
crypto market was trading with minor changes on Thursday as investor sentiment was subdued amid ongoing geopolitical developments and Fed meet minutes. Crypto cart was trading mixed with six out of top -10 digital tokens in the red during early trade. Among the gainers, Avalanche rose more than 4 per cent, followed by a 2 per cent rise in Shiba Inu. Solana dropped about 2 per cent, whereas BNB, Cardano and Dogecoin shed a per cent each.
17.02 / 14:41
cryptocurrency Adoption Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests
The Royal Canadian Mounted Police (RCMP), the country's federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests.
14.02 / 09:11
Protest Venice love Key US-Canada bridge reopens after police clear protesters
The busiest US-Canada border crossing reopened late Sunday after protests against COVID-19 restrictions closed it for almost a week, while Canadian officials held back from a crackdown on a larger protest in the capital, Ottawa.
11.02 / 09:05
BTC Platform Donations Bitcoin Freedom Convoy Ontario government freezes millions more in donations to Freedom Convoy
The Ontario Provincial government in Canada has been granted an order from the Superior Court of Justice to freeze millions of dollars in donations on the GiveSendGo platform from reaching the Freedom Convoy protesters.
08.02 / 14:55
Ethereum Adoption Gemini Bitcoin What's Behind the KPMG Bitcoin & Ethereum Hype?
The cryptoverse is hyped about the news that full-service Audit, Tax, and Advisory firm KPMG in Canada added the top two cryptoassets to its treasury. However, while the news is important for the space, it might help to keep in mind that the company in question is an independent KPMG affiliate, and the size of the investment has not been disclosed.
16.12 / 03:22
Provident Telegram Pool Jackpot Crypto Jackpot Announces the BEP-20 Token Presale on Dec 17th 2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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.

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