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Canadian digital assets investment firm 3iQ has announced the listing of its Bitcoin Fund on the Toronto Stock Exchange following the completion of its initial public offering. 3iQ Bitcoin Fund Finally Completes IPO According to a press release on Thursday (April 9, 2020), 3iQ merged with 3iQ Bitcoin Trust, with the Bitcoin
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The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) has announced it will soon implement new anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. The laws including updated guidelines for virtual currencies.In a departmental report published on March 10, FINTRAC emphasizes that the establishment of “an enhanced AML/[CTF]
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Canadian authorities have approved funding of two blockchain firms, Peer Ledger and Mavennet, to create a platform that enables steel traceability, reported Ledger Insights on March 9.The Innovation, Science, and Financial Development Canada (ISED), a government initiative in charge of promoting the research and development of Canadian small and
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Although the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies — and the possibility of cashless societies.Bank of Canada Deputy Governor Tim Lane spoke
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KYIV, UKRAINE — Central bank digital currencies (CBDCs) have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Representatives of a number of the world’s central banks discussed their CBDC projects last week in Kyiv, Ukraine. The one-day conference was arranged by the National Bank
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Brad Kuen: Bitcoin is right around $7100 with not much change over the weekend. CoinDesk’s Omkar Godbole writes that price charts are looking bearish, potentially heading back toward $6500 during the holiday. Prices would have to climb above $7870 to signal a short-term bullish reversal or above $8500 for a
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In a press release issued on November 28, 2019, Canadian fund management firm 3iQ announced that it had filed and been receipted on its preliminary prospectus for The Bitcoin Fund. Bitcoin Fund IPO on the Cusp The governmental and regulatory acceptance of digital currencies seems to be witnessing a steady surge as
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Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange. Source
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Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to improve freight and payment processing,
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What has been a fairly bad few weeks for cryptocurrency exchanges, just got a little worse? A Vancouver-based crypto trading platform, Einstein Exchange, has been closed by Candian authorities; while still owing $16 million in outstanding obligations. What Happened to Einstein? On Monday, the British Columbia Securities Commission (BCSC), provided a statement
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