Convex Finance Proposes Significant Reduction in PYUSD Holdings

Canada to sanction LiquiTrade for securities violations

The BCSC found LiquiTrade guilty of operating an illegal exchange, which could result in sanctions such as fines or even injunctions.

Binance Faces New Class-Action Lawsuit in Canada

Binance is sued for selling unregistered crypto derivatives, violating securities laws, with ongoing investigations by Ontario's authorities.

Canada Announces $2.4 Billion Investment in AI Sector

The Canadian government announces a $2.4 billion investment in AI, focusing on computing power, startups, workforce support, and regulatory enforcement.

Coinbase Approved for Restricted Dealer License in Canada

Coinbase has expanded its presence in Canada, establishing two entities: Coinbase Canada, operating under an international dealer license, and Coinbase, registered as a restricted dealer.

Coinbase Canada Accelerates Digital Economy Access

Coinbase Canada's expansion enhances the digital economy's access and addresses regulatory and market challenges.

CBDC Adoption Woes for the Bank of Canada

While noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.

Bank of Canada launches digital dollar consultation

Gemini submits filing to stay open in Canada

The company has submitted a pre-registration undertaking with regulators.

Canada to Ask Pension Funds to Disclose Crypto Exposure

The government budget for 2023 indicates the OSFI will consult with federally regulated financial institutions on guidelines for publicly disclosing their exposure to crypto-assets.

The 3 questions on financial literacy Bitcoiners flunk: Bank of Canada

“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin.”