News by results: Canada

Canadian Transcontinental Railway Joins Blockchain in Transport Alliance

Canada’s transcontinental railway, Canadian Pacific (CP), has joined the Blockchain in Transport Alliance (BiTA). CP announced its new membership in an official press release on July 31.

Another Canadian municipality to accept bitcoin for property tax payments

The City of Richmond Hill, a municipality in Canada, is set to accept bitcoin (BTC) for property tax payments from residents and businesses, according to an announcement on Monday.

Canada: Crypto Exchanges Must Register With Financial Watchdog Next June

Cryptocurrency exchanges in Canada will be legally required to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) as of June 1, 2020, according to a notice published on July 10.

Coinsquare, Just Cash Partnership Enables Non-Bank ATM Crypto Transactions

Coinsquare, a Canadian cryptocurrency trading platform, announced it has bought an eight figure controlling stake in fintech software producer, Just Cash. The acquisition will enable the firm to introduce crypto transactions on traditional, non-bank ATMs in the United States.

Canadian Stable Coin (CADT) helps launch Canada into a new era of digital global finance

As Canada Day is being celebrated across Canada, "CADT" was officially launched. Positioned as a first of its kind global stable coin anchored to the Canadian dollar, the CADT stable coin is expected to be widely used both in Canada and on a global scale, by individuals and businesses alike.

Israel: Crypto Mining Firm Bitfarms Eyeing Move to Canadian Stock Exchange

It was announced on April 1, 2019, that Bitfarms is applying for listing on the Toronto Stock Exchange, essentially moving from their current home at the Tel Aviv Stock Exchange.

Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud

Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.

Canadian Police Asks for Public Assistance to Identify Bitcoin Fraudsters

Canadian police are seeking information on individuals alleged to be involved in defrauding Bitcoin (BTC) ATMs (BTMs), according to an announcement published by the Toronto Police Service on March 13.

Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC

A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old dealer argues that not all of his bitcoin was used for criminal purposes.

Canadian Regulator Rules Crypto Mining Contracts Can Be Classified As Securities

Canadian regulator Financial Markets Authority of Quebec (AMF) says cryptocurrency mining contracts can fall under securities regulation. The announcement comes in response to a request that the investors of a cryptocurrency mining firm contact the AMF regarding $300,000 of unrecovered investments.

Bitcoin ATMs saw a 720% growth since 2016, total stands at 4,273

The world’s very first Bitcoin ATM opened in Vancouver, Canada in late 2013. Ever since that day, the total number of cryptocurrency ATMs around the globe has continued to increase.

Canadian Watchdog Says It Doesn’t Regulate QuadrigaCX Exchange

The securities watchdog in the Canadian province of British Columbia has said that it has no remit to regulate troubled crypto exchange QuadrigaCX, which owes customers millions of dollars said to be frozen on an encrypted laptop.

Report: Canadian Crypto Exchange Coinsquare Lays Off 40 Employees

One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent of its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news platform BetaKit on Jan. 31.

Canadian Crypto Exchange Coinsquare Now in 25 European Countries

One of Canada’s largest cryptocurrency exchanges, Coinsquare, has officially launched in 25 European countries. A Coinsquare spokesperson has shared some details with news.Bitcoin.com. Users in Europe now have access to all major services the exchange offers, including all supported cryptocurrencies.

Canadian City of Calgary Launches Local Digital Currency for Intracity Transactions

Calgary, a city in the Canadian province of Alberta, has launched its own digital currency. The Calgary Dollar will allow holders to pay for services and goods at local shops, Canadian major media outlet Global News reports Friday, Dec. 7.

Canada: Fintech Startup Launches Bitcoin Payment Feature

Canada-based mobile payments company Glance Technologies Inc. has added support for Bitcoin (BTC) as a payment method, according a press release published Nov. 29.

Canada: Birks Group Jewelry Retail Giant Begins Accepting Bitcoin in Eight Locations

Major Canadian-based jewelry manufacturer and retailer Birks Group has begun accepting Bitcoin (BTC) through a partnership with U.S. payment processor BitPay, the company confirmed in a press release Nov. 28.

Israeli Crypto Mining Firm Files for IPO in Canada

Israeli cryptocurrency mining company Bitfarms wants to become a public company in Canada.

Cryptojacking Attack Forces Canadian University to Shut Down Entire Network

St. Francis Xavier University in Nova Scotia, Canada has been targeted by cryptocurrency mining malware in a cyberattack that has forced the institution to shut down its entire network for the better part of a week as system administrators struggle to root out the malware. Known as “cryptojacking,” the practice has become recognised as a tool of choice for cybercriminals who are increasingly pivoting toward crypto technology to facilitate their activities.

Canadian Firm to Build Blockchain-Based Supply Chain Platform for Cannabis Industry

Canada-based blockchain and crypto company DMG Blockchain Solutions Inc. (DMG) has announced the development of a global supply chain management platform for the legal cannabis industry, according to an announcement published Oct. 17.