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“We regularly monitor the assets on our exchange to ensure they meet our listing standards,” the note sent to users reads. “Based on our most recent reviews, Coinbase will suspend trading in Canada for RAI Reflex Index (RAI), Dai (DAI) and Tether (USDT) on Aug. 31 around 12 pm ET.” Original
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A recent study by the Bank of Canada (BoC) revealed that crypto ownership in the country had slowed over the past two
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The cryptocurrency exchange Coinbase announced an expansion of its services offered to Canadian users on Aug. 14 through a partnership with the local financial services company Peoples Trust Company. Coinbase integrated the option for 100% of its users to deposit and withdraw money from their accounts via the Interac e-Transfers service.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Royal Canadian Mounted Police (RCMP) seeks a solution to streamline seizing and storing cryptocurrencies and NFTs. The solution aims to create a centralized repository that enables law enforcement to seize digital assets in a more accessible
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The Royal Canadian Mounted Police (RCMP) is seeking for a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens (NFTs). A tender was opened for applications on August 10. As the tender announcement goes: “The development of a centralized repository solution would allow police officers to
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The typical Canadian has little reason to adopt a central bank-issued digital currency, which could cause problems with its broad acceptance, according to a new paper from the Bank of Canada. In the staff discussion paper released on Aug. 10, the central bank looked at a hypothetical scenario where cash
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A recent study by the Bank of Canada (BoC) has shown a decline in the ownership of cryptocurrencies over the two years.
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Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed rules will simplify institutions’ approach to perceived crypto risks, defining four categories of crypto assets
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“Deposit-taking institutions and insurers need clarity on how to treat crypto-asset exposures when it comes to capital and liquidity,” said Peter Routledge, Superintendent of Financial Institutions, in a statement. “We look forward to giving them this clarity through these new guidelines that reflect industry input and international standards.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Canadian police issued a public warning on July 19 regarding a concerning trend of high-value crypto investors falling victim to home robberies. The Royal Canadian Mounted Police (RCMP) in Richmond, located south of Vancouver, reported multiple
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