Bank of Canada is getting ready to move on digital currency before it’s too late
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Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
Category: Canada
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New Leaders at Bank for International Settlements Fintech and DLT Research Centers
New leadership named at Bank for International Settlement research centers focused on digital currencies and DLT
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Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up
Recent reports show that major marijuana companies are running out of money, and businesses in Canada are especially in danger of becoming illiquid. Major producers in the weed-friendly nation have just over 6 months of cash on hand, according to the information, and comparable companies in the U.S. just over one year of liquidity. In […]
The post Cannabis Buzz Harshed by Regulations, Cash Shortage While Cryptocurrency Is Ready to Light Up appeared first on Bitcoin News.
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New Canadian Dollar-Pegged Stablecoin QCAD to be Regulated by FinTRAC
Canada Stablecorp’s new CAD-pegged stablecoin QCAD will start being regulated by major local AML authority, the FinTRAC, by June 2020
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Major Central Banks to Discuss Digital Currencies Amid IMF Conference
Six major central banks will reportedly discuss digital currencies in April during an International Monetary Fund conference
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Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use an intermediary currency such as USD or […]
The post Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals appeared first on Bitcoin News.
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Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?
An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province
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Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail fund, Thailand approving a new crypto exchange, and new crypto guidelines […]
The post Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies appeared first on Bitcoin News.
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Six Major Central Banks to Collaborate on Digital Currency Research
The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group
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Canadian Teen Charged for $50 Million Cryptocurrency Theft
Canadian teenager is charged for a $50 million SIM-swapping ring that targeted Consensus attendees
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