Canada Funds Blockchain Firms Looking to Trace Steel
Blockchain technology will improve tracing in the Canadian steel industry Go to Source Powered by WPeMatico
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Bank of Canada Prepares for Digital Currency “In Case One Is Needed”
Bank of Canada is getting ready to move on digital currency before it’s too late Go to Source Powered by WPeMatico
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 Go to Source Powered by WPeMatico
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 … Read more
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 Go to Source Powered by WPeMatico
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 Go to Source Powered by WPeMatico
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 … Read more
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 Go to Source Powered by WPeMatico
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 … Read more
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 Go to Source Powered by WPeMatico