Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins. Go to Source
Canada
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Central banks will face unfamiliar challenges to achieve CBDC inclusivity, study says
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows. Go to Source
Bitcoin drives digital asset inflows for the first time in 6 weeks: Report
But Solana was the only other major asset to show inflows for the week. Go to Source
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. Go to Source
Bitbuy enters strategic partnership with Canadian crypto ATM firm Localcoin
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app. Go to Source
Canadian BTC exchange partners with Costa Rica’s largest fiat payment system
Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution. Go to Source
Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
Canada’s regulatory clarity is bringing institutions to crypto – WonderFi CEO
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions. Go to Source
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. Go to Source
Coinbase VP says Canada can be a ‘global leader’ in crypto
The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate. Go to Source
