Canada to develop repository for storing crypto and NFT seizures
The Royal Canadian Mounted Police is seeking for a digital asset solution to facilitate the seizure and storage of cryptocurrency and non-fungible tokens. Go to Source
Canada
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Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada
A central bank discussion paper found that the majority of Canadians have little trouble accessing financial services, which gives them little reason to use a CBDC. Go to Source
Canadian police reported using Chainalysis Reactor to trace crypto crimes
Police now have the ability to trace blockchain transactions, identify suspects and determine where funds have been deposited. Go to Source
Free Bitcoin on Zaps experiment — but what are Zaps?
Why a Canadian Bitcoin advocate is giving out free Bitcoin tips, or Zaps, to people around the globe–and why the Zap trend is catching on. Go to Source
Canadian crypto ownership declined amid tight regulations, falling prices
The biggest motivation for Canadians interested in Bitcoin is an investment — as showcased by the choice of over one-third of the 4,996 respondents in the Bank of Canada’s 2022 survey. Go to Source Powered by WPeMatico
First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Go to Source Powered by WPeMatico
Canada proposes new capital rules for crypto holdings
The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto assets. Go to Source Powered by WPeMatico
Canada’s court deem 👍 emoji valid as a contract agreement: Report
The case sought to determine whether a Canadian farmer had agreed to sell tons of flax to a grain buyer in 2021 by replying with a thumbs-up emoji. Go to Source Powered by WPeMatico
Canadian regulator explains stance on crypto staking, lending for investment funds
Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted. Go to Source Powered by WPeMatico
‘A lot of the bad actors have been shaken out of the market’ — Bitvo CEO
Bitvo president and CEO Pamela Draper spoke with Cointelegraph at the Collision Conference in Toronto on the firm almost being acquired by FTX and Canada’s regulatory environment. Go to Source Powered by WPeMatico
