Canadian Cryptocurrency Exchanges Suffer From Rather High Fees Right Now

A lot of cryptocurrency enthusiasts rely on centralized exchanges to buy and sell Bitcoin or altcoins. In Canada, there are a fair few trading platforms to use, although they are all seemingly rather expensive. An interesting comparison put together by a Reddit user shows how Canadians are rather shafted when it comes to buying and selling cryptocurrency. … Read more

Quebec Chief Scientist Rejects “Myth” of Widespread Illicit Bitcoin Use

The Chief Scientist of Quebec, Rémi Quirion, has published a document rejecting the popular “myth” that illicit transactions are among those for which bitcoin is principally used. Quebec’s Chief Scientist is closely associated with the Fonds de recherche du Québec (FRQ) – a publicly funded institution dedicated to “providing support for the production and dissemination … Read more

Canada’s CoinField Exchange to Add Ten Cryptocurrencies in 2018

Canada is quickly becoming a very popular country for cryptocurrency activity. Not only is there a growing interest in setting up mining operations there, but the competition among trading platforms is heating up as well. CoinField, one of the local exchanges, has big expansion plans for 2018. CoinField Goes big in Canada One has to acknowledge … Read more

Blockchain Mining Completes Bitfarms Merger, Stock Jumps 49%

Israeli equity investors seem to maintain a strong appetite for exposure to the bitcoin ecosystem. The value of a public company traded on the TASE has increased by almost half after it officially completed a deal with Canadian miner Bitfarms.    Also Read: How the Government Gave Your Money to the Banks – Again and … Read more

P2P Trade Spikes in Canada Amid Bank Restrictions on Crypto Transactions

The volume of P2P bitcoin trade in Canadian dollars has increased significantly since leading banks in the country imposed bans on crypto-related transactions. Toronto-Dominion Bank, the Royal Bank of Canada, and more recently the Bank of Montreal have limited or prohibited the use of their services and products to acquire cryptocurrencies. As a result, the … Read more

Hydro-Quebec Considers Halting Mining Operations During Winter

The migration of cryptocurrency miners to hydro-power abundant Quebec has been received cautiously lately, following an initial period over-exuberance on the part of local officials. The future for Quebec’s mining industry has since encountered a number of hurdles, from the province’s ability to supply power during the dry winter season to the often overlooked environmental … Read more

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