Canada

Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Jun 1, 2023

Crypto exchange giant Coinbase (COIN) says it loves Canada, where the rules have been set out and companies are able to engage with the regulators, compared with the United States' lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the outlook for Coinbase and the wider implications for crypto exchanges amid intensifying regulatory pressure in the U.S.

May 19, 2023

Bitcoin (BTC) and ether (ETH) are both trading below their 20-day moving average. 3IQ CEO Fred Pye joins "First Mover" to discuss the fairly quiet price action across the crypto market. Plus, insights on the increasing regulatory tensions in Canada as crypto exchange Binance announced its plans to exit the country.

May 16, 2023

Canadian crypto exchanges WonderFi (WNDR), Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chairman Kevin O'Leary and WonderFi President Dean Skurka weigh in, explaining why Canada "may be the guinea pig that is forging forward with all kinds of regulation that is effectively working."

Apr 4, 2023

A trio of Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart are confirming plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chair Kevin O'Leary and Dean Skurka, President and Interim CEO of WonderFi, discuss the move and how Canada, as a crypto "guinea pig," offers regulatory clarity in ways that the U.S. doesn't. O'Leary also weighs in on the recent regulatory scrutiny Binance and Coinbase are facing in the U.S.

Apr 4, 2023

A trio of Canadian crypto exchanges revealed plans to merge to create what could be one of the world's largest crypto trading platforms. O'Leary Ventures Chairman Kevin O'Leary, also the strategic advisor for one of these exchanges WonderFi (WNDR), weighs in on the regulatory landscape in Canada saying the country "may be the guinea pig." Plus, he shares his general outlook on crypto regulation.

Apr 4, 2023

Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world's largest crypto trading platforms. Plus, the Dfinity Foundation, a significant contributor to the development of the Internet Computer network, issued ckBTC – a liquid and cost-efficient “twin” token that is backed on a 1:1 basis with bitcoin (BTC).

Apr 3, 2023

The Canadian Securities Administrators (CSA) has tightened its requirements for cryptocurrency exchanges operating in the country. "The Hash" panel discusses major exchanges including Kraken, Coinbase and Binance's responses to tougher rules from the regulators.

Mar 30, 2023

Canadian crypto hardware manufacturer Coinkite has designed a bitcoin hardware wallet reminiscent of an old-school BlackBerry phone straight out of the 2000s. CoinDesk Editor at Large Christie Harkin breaks down the details of the soon-to-be-released device dubbed Coldcard Q1.

Feb 17, 2023

Canada's federal government announced a consultation on "cryptocurrencies, stablecoins and central bank digital currencies," in a fiscal update published Thursday. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for crypto adoption and regulation in the country.

Nov 4, 2022