Canada
Canada's Wakeup From an Economic Coma: Why Kevin O'Leary Is Optimistic
Kevin O'Leary, aka Mr. Wonderful, joined CoinDesk live at Consensus 2025 to discuss Canada's economic challenges under past leadership and his optimism for the future. Plus, the state of crypto in the country and a potential economic union with the U.S. This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes.
Microsoft Urges Shareholders to Vote Against Bitcoin Proposal
Bitcoin is trading flat around the $68,000 threshold while options traders weigh a price increase to $100,000 by the end of 2024. Plus, Microsoft urges shareholders to vote against a proposal that assesses bitcoin as a diversification investment and crypto custodian Balance wants to bring Canada’s crypto ETF assets back to the country. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.
Coinbase Expands Crypto Services Into Canada
Coinbase is expanding its crypto services to Canada. This comes after the exchange praised the country's approach to crypto, compared with the U.S.’s lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the state of crypto in the land of the maple leaf.
MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports
CoinDesk's Jennifer Sanasie presents the major stories shaping the crypto industry on "CoinDesk Daily" as MakerDAO’s community voted to ditch $500 million Paxos Dollar (USDP) stablecoin from the lending protocol's reserves. Plus, insights on Kraken's gains in customer deposits in Canada following the departure announcements of its rival exchanges including Binance and OKX. And, a closer look at the partnership between Nike Virtual Studios and video game developer EA Sports.
Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave
Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
