Canada News

Kraken Faults ‘Securities’ Section of Rules for Local Exchanges
Kraken Faults ‘Securities’ Section of Rules for Local Exchanges
17 May 2019, 20:00
Kraken says some sections of the proposed rules may end up forcing local exchanges to move offshore, instead of solving its primary purpose which is providing “regulatory clarity.”
Quebec Increases Electricity Allocation to Crypto Miners
Quebec Increases Electricity Allocation to Crypto Miners
30 April 2019, 08:41

Cryptocurrency mining firms in Quebec, Canada will have to rules to abide by after country’s energy regulator, Régie de l’énergie rolled out new regulations for operators in the energy-intensive industry.

Canadian Court Asks Matthew Phan to Forfeit 281.41BTC Alleged Crime Profits
Canadian Court Asks Matthew Phan to Forfeit 281.41BTC Alleged Crime Profits
04 April 2019, 13:50
Judge Jane Kelly, a Superior Court Justice in Toronto, Canada ruled on April 3, that Matthew Phan, an online drug dealer, and dark web expert should relinquish his 281.41BTC (appr. $1.4 million) to authorities.
Innisfil, Canada Trials Bitcoin for Property Tax Payments
Innisfil, Canada Trials Bitcoin for Property Tax Payments
29 March 2019, 16:58
Would you pay your property taxes more promptly if you could use Bitcoin as a payment method? Innisfil Town, Canada now accepts Bitcoin for property tax payments.
After QuadrigaCX Saga — Canada To Regulate Crypto Exchanges
After QuadrigaCX Saga — Canada To Regulate Crypto Exchanges
15 March 2019, 14:45
Finanacial regulators in Canada have learned lessons from what happened to QuadrigaCX. Would the newly proposed have been to prevent Quadriga's current crisis?
Canada’s Tax Agency Assessing Crypto Investors
Canada’s Tax Agency Assessing Crypto Investors
07 March 2019, 12:29
A special tax audit unit set up by the CRA in 2017 sent a lengthy questionnaire to individuals who have high-risk tax files related to cryptocurrency investments.
G20 To Align Crypto Regulations With FATF
G20 To Align Crypto Regulations With FATF
03 December 2018, 16:25
At a just-concluded G20 Summit held in Buenos Aires, Argentina, the body announced as part of its written declaration that they “will regulate crypto-assets for anti-money laundering and countering the financing of terrorism in line with FATF standards and we will consider other responses as needed”.