The Canada Revenue Agency (CRA) is escalating its efforts to enforce crypto tax compliance, as evidenced by a court order requiring Dapper Labs to provide data on 2,500 users.
Read MoreThe Canada Revenue Agency (CRA) is escalating its efforts to enforce crypto tax compliance, as evidenced by a court order requiring Dapper Labs to provide data on 2,500 users.
Read MoreCanada is pivoting its digital currency strategy, moving away from exploring a central bank digital currency (CBDC) to focus on regulating private, fiat-backed stablecoins as the core of its national payments system upgrade.
Read MoreKnown for his progressive stance on cryptocurrency, Pierre Poilievre, Leader of Canada's Conservative Party, recently made a bold move by using Bitcoin for everyday purchases.
Read MoreCrypto.com, a leading cryptocurrency exchange, has announced the launch of Crypto.com Custody Trust Company, a new service aimed at US institutions and high-net-worth individuals.
Read MoreCircle, the issuer of USDC, has achieved a significant milestone by becoming the first stablecoin to comply with Canada's new regulatory framework for crypto assets.
Read MoreCircle Internet Financial, the issuer of the USDC stablecoin, has received regulatory approval from the Ontario Securities Commission (OSC) and the Canadian Securities Administrators (CSA).
Read MoreBitcoin Well, a leading Canadian company, has announced a significant move to bolster its Bitcoin holdings. The company has added 7.5 BTC to its treasury and plans to raise $2 million through a bond offering to further increase its Bitcoin reserves.
Read MoreBalance, a long-established Canadian crypto custodian, has recently achieved qualified custodian status. This milestone marks a significant step towards bringing the safekeeping of Canadian-issued crypto ETFs back to domestic shores.
Read MoreGemini, the cryptocurrency exchange founded by the Winklevoss twins, has announced that it will close all customer accounts in Canada effective December 31, 2024. This decision was communicated to Canadian users via email on September 30, giving them a 90-day window to withdraw their assets from the platform.
Read MoreThe Canadian Securities Administrators (CSA) have once again extended the deadline for crypto trading platforms (CTPs) to comply with regulations concerning stablecoins, marking the second such extension.
Read MoreIn a significant update last week, the Bank of Canada announced a shift in its approach to central bank digital currency (CBDC) development, moving away from the idea of a retail digital Canadian dollar.
Read MoreIn a recent landmark ruling, the Supreme Court of British Columbia has set a precedent for the legal treatment of cryptocurrency in Canada.
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