Canada
Canada Launches Consultation on Crypto, Stablecoins and CBDCs
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.
Canada Announces Crypto, Stablecoin Consultation in New Budget Statement
Federal government plans to examine crypto, which it said is "transforming financial systems" around the world.
Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry
The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.
Digihost Bucks Bearish Trend Among Bitcoin Miners, Remains Cash-Flow Positive
The company remains debt free despite soaring energy prices and a stagnant crypto market.
Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.
Canadian Self-Regulatory Agency Approves First Crypto-Native Investment Dealer
Coinsquare has also been granted a license to operate as a regulated alternative trading system, allowing it to match large, illiquid crypto trades between institutional investors.
Crypto Lending Firm Ledn to Acquire Canadian Fund Manager Arxnovum
With the deal, Ledn will be able to offer more types of investments.
Crypto Trading Platform Provider WonderFi to Offer Equities Next Year Through Bitbuy Unit
WonderFi purchased Bitbuy in January for $161.8 million in cash and shares.
Canadian Digital Asset Brokerages Coinsquare and CoinSmart to Merge
The combined company will have more than $350 million in assets and and north of 1 million customers.
Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge
Earlier this year, Pierre Poilievre, the new leader of the opposition Conservative Party, said he supports bitcoin as an inflation-beating asset.
