National Bank of Canada Pilots Blockchain to Combat ‘Complex’ Processes
Canada’s sixth largest commercial bank implements blockchain, smart contracts to simplify transaction processes Go to Source Powered by WPeMatico
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Toronto-Based Clothing Charity Relies Solely on Bitcoin Cash
Last February, a bitcoin cash-centric charity based out of Canada had announced the launch of an organization called Coins 4 Clothes. The group started accepting BCH to purchase clothing from wholesalers and then distributed the garments to various Toronto-based charities. Since then the organization has donated over 3,000 articles of clothing to those in need, … Read more
Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry
Crypto and blockchain firm DMG Blockchain will develop a blockchain-powered platform to manage supply chains in the recreational marijuana industry in Canada Go to Source Powered by WPeMatico
Scam Victim Loses $48,000 Claim Against Canadian Bitcoin ATM Firm
A woman suing for 62,500 Canadian dollars ($48,125) sent to a phone scammer over a bitcoin ATM has lost her court case, local media reported. On Friday, Charlottetown Provincial Court chief judge Nancy Orr ruled that the fiat money deposited by the woman into the teller machine belonged to Instacoin ATM Canada Inc., owners of … Read more
Quadrigacx Battles Bank Over $21.6M in Frozen Funds
Cryptocurrency exchange Quadrigacx has blamed an ongoing legal dispute over $21.6 million worth of funds that were frozen by the Canadian Imperial Bank of Commerce (CIBC) in January for delays experienced by some of its customers when requesting fiat currency withdrawals. Also Read: Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency Quadrigacx Blames Court Dispute With … Read more
Canadian Crypto Crypto Exchange QuadrigaCX Blames Major Bank for Delays
Canadian crypto exchange QuadrigaCX has blamed a major bank for its inability to access $21.6 million of its funds Go to Source Powered by WPeMatico
Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data
Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of … Read more
Crypto Canada: From ETFs to ICOs, Visiting the Country of Wolverine and Vitalik
Do you think that all the Canadians are lumberjacks or strong hockey players? Wrong! Go to Source Powered by WPeMatico
The Daily: Coinsquare Secures Banking Partnership, Québec Elections Bring Hope to Miners
Cryptocurrency exchange Coinsquare has reached a partnership agreement with a major Canadian bank and we’ve covered the announcement in The Daily. Also in Canada, a large bitcoin farm may be cut off from the grid by a mayor concerned about electricity consumption, and elections in Québec are likely to change the game for mining companies. … Read more
Payments Platform Wirex Launches Iban for Spanish and French Users, Doubles Account Limits
Wirex on Friday announced it had introduced International Bank Account Numbers (Iban) on its Euro accounts for customers in Spain and France. The bitcoin and cryptocurrency wallet firm also doubled account thresholds for users within the 31-member European Economic Area (EEA) to between $18,560 and $20,000, meaning customers can credit their accounts by that much. … Read more