#Canada

Highlights: Robinhood has entered the Canadian crypto market after completing its $180 million acquisition of WonderFi. The WonderFi deal will add 300,000 funded customer accounts to Robinhood’s international business. Robinhood has also gained Bitbuy and Coinsquare through the acquisition. Robinhood, […]

Highlights: Authorities in Canada have disclosed plans to ban crypto ATM operators in the country. The move is part of an ongoing effort to tackle crypto-related fraudulent activities. Despite the ban on crypto ATMs, citizens can still own digital assets […]

Highlights: Canada Revokes 50 MSB licenses this year, with 47 linked to crypto firms. FINTRAC cancelled 23 registrations in one action and increased enforcement speed. Regulators fined crypto platforms for failing to report transactions and meet compliance rules. Canada’s financial […]

Highlights: CIRO introduces rules to prevent losses from hacking, fraud, and poor management. Framework uses four tiers, setting limits based on capital, insurance, and oversight. Canada plans full stablecoin rules, aiming for faster, safer, and cheaper payments nationwide. Canada’s investment […]

Highlights: The Bank of Canada has set clear conditions for stablecoins used in everyday digital payments. The rules require backing and clear redemption under the proposed Canadian framework. Canada has linked stablecoin rules to faster payments and easier banking for […]

Highlights: Canada is facing rising risks as unregistered crypto services allow cash movement with almost no identity checks. Illegal cash-for-crypto deals expose a system that lets people move funds without verification or proper AML oversight. Investigators found operators in major […]

Highlights: Canada plans new stablecoin rules to protect users and improve digital money safety. Bank of Canada will manage new rules, spending $10 million over two years. Experts say new laws could help Canada lead in faster, safer crypto payments. […]

Highlights: Canada speeds up stablecoin rules after $126 million crypto anti-money laundering fine. Officials aim to clarify regulations as the U.S. already sets stablecoin standards. Delays risk Canadian investors shifting to U.S. stablecoins, weakening local financial control. Canada is moving […]

Highlights: FINTRAC has fined KuCoin for unreported crypto transactions and missed suspicious activity alerts. KuCoin has appealed the record penalty in Canada as authorities increase enforcement before a global watchdog review. The agency cited 33 missed suspicious reports and has […]

Highlights: Luxxfolio has filed a shelf prospectus to expand its Litecoin treasury plan. The company shifts from a Bitcoin-first mining strategy to a Litecoin-first strategy while facing financial pressure and limited cash. The Litecoin treasury trend gains momentum as firms […]

Highlights: BTCT bought 292.80 BTC using funds from a 125 million Canadian dollar share offering ahead of its TSX listing. BTCT plans to use Bitcoin for lending and liquidity services instead of keeping it only as a reserve asset. The […]

Highlights: 3iQ launches North America’s first ETF, XRPQ, that is based on XRP on the Toronto Stock Exchange. XRPQ features zero management fees for the first six months. Ripple is one of the first investors in the 3iQ XRP ETF […]