Canada


Tech

CBDC Design Needs to Address Risk to Users, Says Bank of Canada

Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.

The crowd

Markets

Bitcoin Miner Bitfarms Leases 2,000 Rigs From BlockFills, Has Option for Up to 7,000 More

Bitfarms boost its mining power by 360 PH with the new lease, set to run for 24 months.

Cryptocurrency mining machines

Finance

Coinberry Crypto Exchange Gets Lloyd's Cover as Canada's Post-Quadriga Rules Tighten

Following last year’s QuadrigaCX collapse and loss of client funds, Canada’s crypto exchanges are going the extra mile to rebuild the trust of consumers.

Canadian coins (Jerin John/Unsplash)

Markets

A New Attempt to Tokenize Real Estate Projects in Mexico and Canada

Digital transfer agent Vertalo has partnered with real estate platform MountX to tokenize more than 15 digital real estate projects in Mexico and Canada.

(ChameleonsEye/Shutterstock)

Markets

Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds

Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters.

canadian flag

Policy

Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

Former BitMEX CEO Arthur Hayes

Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Máquinas de minería de bitcoin (Shutterstock)

Markets

Wealthsimple, Robinhood of the North, Jumps Into Canada’s Crypto Sandbox

The millennial-friendly investments app is working with regulators on its upcoming bitcoin and ether trading service.

Wealthsimple caters to millennial investors with the same zeal as its southern peer. (Wealthsimple)

Policy

Coinsquare Exchange Execs to Resign Over Wash Trading Scandal

In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades.

Cole Diamond, CoinSquare CEO (Brady Dale/CoinDesk)

Markets

Canadian Government Paid Justin Trudeau Family Member to Talk at Blockchain Event

Canadian politicians are seeking answers after the half-brother of the prime minister was paid by the federal government to speak at a blockchain conference.

Justin Trudeau (Art Babych/Shutterstock)