CANADA
Canada Moves to Ban Crypto Political Donations Amid Transparency Push
Canada's Bill C-25 aims to ban crypto political donations, citing transparency and foreign interference concerns. Lawmakers push for stricter election finance rules.
Broadridge Rolls Out Crypto Platform for Canadian Wealth Managers
Broadridge Financial Solutions launches integrated digital asset platform enabling Canadian wealth managers to offer crypto alongside traditional investments.
Canaan Inc. Unveils Gas-to-Computing Initiative in Canada with Aurora AZ Energy
Canaan Inc. partners with Aurora AZ Energy to convert flared natural gas into computing power in a pilot project in Canada, aiming to reduce CO2 emissions and enhance energy efficiency.
Anthropic's Claude AI Now Available in Canada
Claude AI is now accessible in Canada via multiple platforms.
Binance Faces Lawsuit in Canada for Selling Crypto Derivative Products Without Registration
Binance faces a class-action lawsuit in Canada for allegedly violating securities laws by selling crypto derivative products to retail investors without proper registration, highlighting the significant presence of retail investors.
Canadian Bitcoin ETFs Face Outflows as Investors Pivot to US Funds
nvestors are shifting from Canadian Bitcoin ETFs to US-based counterparts, with the Purpose Bitcoin ETF witnessing a significant reduction in holdings.
Canada Tightens Crypto Asset Regulations for Public Investment Funds
The Canadian Securities Administrators propose regulatory changes for public investment funds handling crypto assets, focusing on custodianship standards and limiting direct crypto dealings to specific fund types.
dYdX to Exit Canadian Market
Cryptocurrency derivatives exchange dYdX is set to exit the Canadian market due to regulatory restrictions. The exchange will stop onboarding new Canadian users and move existing users to "close-only mode" over the next seven days, allowing them to only withdraw funds. dYdX is hoping for a change in the regulatory climate to resume services in the country.
dYdX to Exit Canadian Market Amid Regulatory Restrictions
Cryptocurrency derivatives exchange, dYdX, is withdrawing its services from Canada due to increased regulatory restrictions. The exchange will halt new user onboarding on April 7 and move existing users to "close-only mode" on April 14.
OKX to Halt Services in Canada Due to New Regulations
Cryptocurrency exchange OKX has notified its Canadian users that it will no longer provide services or allow new account openings in Canada, starting on March 24, 2023, due to new regulations. Existing Canadian customers must close open positions in options, margins, perpetual, and futures by June 22, 2023, and fiat or tokens must be withdrawn by the same date.
Scammers Target Australians in Cryptocurrency Call Center Scheme
An Israeli-run cryptocurrency fraud targets Australians, according to a raid on Eastern European scam call centers.
Hut 8 Mining Corporation Ramps Up Fight Against Power Supplier
Hut 8 Mining sued Ontario over power supply to a newly built crypto mining plant.
Following OSC Prohibition, Crypto.com Delists USDT For Canadians
Effective January 31, Crypto.com will delist Tether (USDT) for Canadian customers. The exchange has warned users that their Tether would be automatically changed into USD Coin if they don't withdraw or convert before the deadline (USDC). Crypto.com reported in August that the Ontario Securities Commission has approved its Canadian pre-registration commitment.
Canada's Federal Government Begins Consultations on Digital Currency
The federal government of Canada announced in a budget address that it has started discussions on cryptocurrencies, stablecoins and central bank digital currencies.
Crypto Advocate Pierre Poilievre Elected as Leader of Canada's Conservative Party
Bitcoin-friendly Pierre Poilievre was elected leader of the Conservative Party of Canada on September 11.