Canada


Markets

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.

Canadian dollars

Tech

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.

Credit: Shutterstock

Policy

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.

canadian flags

Markets

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.

Gerald Cotten, difunto CEO de QuadrigaCX, alrededor de 2015.

Finance

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.

Bitcoin miners

Markets

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.

Toronto Stock Exchange

Finance

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.

Michael Gokturk

Markets

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.

Toronto

Markets

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.

Toronto

Markets

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.

Canada parliament