Canada
Canadian Truckers Turn to BTC as GoFundMe Shuts Down $9M in Donations
A group of Canadian truckers has turned to bitcoin for donations following the suspension of a GoFundMe fundraiser. The GoFundMe account had received more than $9 million in donations toward Canadian truckers protesting vaccine mandates. Jaxx wallet CEO Anthony Di lorio discusses the reactions, implications and potential trust issues for blockchain as a tool for financial freedom.
KPMG Canada Adds Crypto to Its Balance Sheet
The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
Shakepay Raises $35M to Help Canadians Buy, Sell and Earn Bitcoin
The funding will be used to scale the business and launch new products.
Crypto Exchange Bitfinex Tells Ontario Customers to Close Accounts
Bitfinex customers in the Canadian province should withdraw all their funds on or before March 1, the exchange said.
Iris Energy’s December Hashrate Rises 14% as Revenue Falls Again
The Australian miner continues to build out mining capacity in Canada.
Canadian Miner Hut 8 Closed 2021 With 5,518 Bitcoin in Reserve
The miner plans to reach 3.35 EH/s of hashrate by the end of Q1 2022.
Kevin O’Leary-Backed DeFi Platform WonderFi to Purchase Bitbuy for $162M in Cash, Shares
The deal gives WonderFi one of Canada’s fastest-growing crypto platforms, adding 375,000 registered users.
Binance Can’t Appease Canadian Regulators, Ontario Users Still Face Account Restrictions
Crypto exchange Binance held a meeting with the Ontario Securities Commission (OSC) to clarify an announcement to its users that suggested it could still provide trading services in Canada’s most populous province. The exchange, operating under the umbrella of Binance.US, continues to face hurdles with governments worldwide.
Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.
Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators
The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.
