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A new study from the Ontario Securities Commission states that five percent of provincial residents own crypto, while many hodlers lack fundamental knowledge Go to Source Powered by WPeMatico
Canada’s Investment Industry Regulatory Organization has formed a working group to recommend a regulatory response to blockchain’s impact on capital markets Go to Source Powered by WPeMatico
The Canadian province of Quebec has reportedly decided to charge cryptocurrency miners up to roughly three times the current price after they flooded utility Hydro-Quebec with requests for mining operations. In addition, several crypto-related proposals have been submitted including one that requires crypto firms to bid for power. Also read: Yahoo! Japan Confirms Entrance Into the … Read more
Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate Go to Source Powered by WPeMatico
The Toronto Stock Exchange will trade a new blockchain ETF, which will focus on blockchain infrastructure companies like Hive Blockchain Technologies Ltd. and Nvidia Corp. Go to Source Powered by WPeMatico
Bank of Canada implies blockchain technology is no magic remedy for banking Go to Source Powered by WPeMatico
Canadian bitcoin investors and cryptocurrency traders are going to be subjected to an increased level of market surveillance soon if the government has its way. Once the proposed regulations are implemented, every transaction above $10,000 CAD will have to be reported. Also Read: Bitcoin in Brief Monday: Korean Exchange Hack Takes a Toll on Crypto Markets … Read more
In recent weeks, the peer-to-peer (P2P) bitcoin markets of several Latin American markets have produced record-breaking volume, with the Localbitcoins markets of Chile, Peru, and Venezuela producing all-time highs for trade volume in recent weeks when measured in local fiat currencies. The Canadian markets have also produced a dramatic spike in volume – recently setting … Read more
Official draft of new regulations will categorize crypto exchanges and payment processors as money service businesses in Canada Go to Source Powered by WPeMatico
The Québec government has ordered Hydro-Québec to halt electric power sales to crypto miners, and announced a new framework for this category of electricity consumers Go to Source Powered by WPeMatico
