Canada
Joint Venture Launches Canadian Dollar-Pegged Stablecoin for Financial Services
Canada Stablecorp, a joint venture between Mavennet and 3iQ, has begun issuing its QCAD stablecoin in a bid to digitize financial services such as international remittances.

Canada Forges $130,000 Development Deal for Steel-Tracking Blockchain
The Canadian government has awarded enterprise blockchain startup Mavennet a procurement contract for the development of an on-chain steel-tracking platform.

Canadian Regulatory Group Targets Crypto Exchanges Holding Users' Digital Assets
Canada's top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users' digital assets.

Vulture Investor Is Looking to Buy QuadrigaCX Creditors' Claims
Argo Partners, a New York-based investment firm, wants to buy QuadrigaCX creditor claims, should there be sufficient interest.

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions
Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy owing millions to creditors including government agencies.

Canadian Fund Manager 3iQ Files Prospectus for Bitcoin Fund IPO
3iQ has listed the preliminary prospectus for its bitcoin fund as the next step toward an initial public offering (IPO), likely on the Toronto Stock Exchange.

Canada's Einstein Exchange No Longer Has Bulk of Users' Claimed CA$16M: Receiver
The exchange, taken over by a Canadian securities regulator two weeks ago, has just CA$45,000 in crypto and cash left.

Ontario Regulator Lets Security Token Startup Test Secondary Trading
The Ontario Securities Commission (OSC) is allowing startup TokenFunder to facilitate secondary-market trading of its tokens in a testing environment.

Canada's Blockchain Sector Wants Legal Clarity, New Report Shows
A report from the Canadian Digital Chamber of Commerce compiles fresh data on Canada's blockchain industry – including some promising salary stats.

Canada's Crypto Exchanges Must Now Register as MSBs, Report Transactions Over $10K
Canada has updated its anti-money laundering rules, classing crypto exchanges as MSBs and mandating financial compliance and reporting.

