Coinsquare acquires publicly-traded crypto exchange CoinSmart
CoinSmart reported $16.7 million in gross revenue in 2021 as retail trading volumes soared during the Bitcoin bull market. Go to Source Powered by WPeMatico
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Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. … Read more
Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation
Canada’s inflation rose to 40-year highs this year while Bitcoin’s price plummeted in the same period. Go to Source Powered by WPeMatico
Bitcoin is for those in need, the rest need time to learn: Surfin Bitcoin Panel
A panel discussion hosted at Surfin Bitcoin, France, illustrated that while Bitcoin works for those in need, more education is required. Go to Source Powered by WPeMatico
Bear market uncertainty is the perfect time to build and learn, says Sato exec
Fanny Philip, COO of Sato Technology, doubled down on believing that bear markets should be considered a builder’s market for mining companies. Go to Source Powered by WPeMatico
Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months
“For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition,” says CEO Charles Émond. Go to Source Powered by WPeMatico
Canadian regulatory council creates new preregistration filing for crypto platforms
The Canadian Securities Administrators will require crypto trading platforms to file an undertaking committing them to investor protections while their registration is in process. Go to Source Powered by WPeMatico
Crypto Biz: A Futurist take on crypto
The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda. Go to Source Powered by WPeMatico
Coinsquare chief operating officer shares thoughts on being the first regulated crypto dealer exchange in Canada
The past actions of bad actors has forced the country’s regulators to take a tough stance on crypto exchanges. Go to Source Powered by WPeMatico
Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO
Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022. Go to Source Powered by WPeMatico
