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Canadian Court Rules to Return Mistakenly Sent Ethereum to Rightful Owner

A Canadian court has decided that a sum of mistakenly transferred cryptocurrency should be returned to its rightful owner, according to a report from the University of Oxford Faculty of Law published Dec. 12.A superior trial court of British Columbia found that Ethereum (ETH) tokens, which were mistakenly sent by

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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.According to HuffPost Canada, the Calgary dollar was initially launched in

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Canadian Crypto Exchange Coinsquare Acquires Stellar Wallet BlockEQ

Coinsquare, the crypto exchange that has been nicknamed the “Coinbase of Canada,” has acquired Stellar wallet BlockEQ as it seeks to expand its offerings beyond cryptocurrency trading. The Toronto-based Coinsquare announced the deal on Thursday, revealing that it had paid $12 million CAD (~$9 million USD) to acquire BlockEQ, a non-custodial

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Canadian Payments Startup Glance Rolls out “Pay With Bitcoin” Feature Across all Merchants

Canadian payments company Glance has announced that its users will now be able to use Bitcoin as a payment method across all existing merchants and services. In a press release issued November 29, 2018, the company explained that the new feature will be called “Pay With Bitcoin.” Despite the name, however,

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Canadian House Finance Committee Recommends Crypto Regulation to Prevent Money Laundering

The Canadian House Finance Committee has recommended that the government start regulating cryptocurrencies to prevent money laundering, Canadian digital newspaper iPolitics reports Nov. 14.According to iPolitics, the Canadian House Finance Committee suggested that cryptocurrencies should be regulated during its review of the Proceeds of Crime Money Laundering and Terrorist Financing

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Canadian Bank Announces Digital Safety Deposit Box for Crypto Exchanges and Investment Funds

VersaBank, formerly Pacific & Western Bank of Canada, announced one of its subsidiaries has completed beta testing for its digital safety deposit box and is now entering the commercialization phase, which will include the offering of digital safe keeping as well as multi signature services for cryptocurrency exchanges and crypto-based investment funds.Canadian

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Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange

A $19.6 million disputed sum between Canada’s largest crypto exchange QuadrigaCX and the Canadian Imperial Bank of Commerce (CIBC) has been handed into the custody of the Ontario Superior Court, per a court document filed Nov. 9.On Oct. 8, Canadian newspaper the Globe and Mail reported that Vancouver-based QuadrigaCX had

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Canadian Holding Firm to Acquire EXMO Crypto Exchange Per Letter of Intent

Publicly traded Canadian holding firm GoverMedia Plus Canada will acquire U.K.-based crypto exchange EXMO per a recently signed a Letter of Intent (LOI), according to a joint announcement published Nov. 13.The LOI reportedly enables GoverMedia to exclusively negotiate the transaction within the next 180 days. Upon the completion of the

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Canadian Bank Set to Launch Uncheckable ‘Deposit Box’ for Cryptocurrency

A subsidiary of Canadian financial institution VersaBank confirmed it had finished beta testing of a “digital vault” for storing cryptocurrency in a press release Nov. 8.VersaVault, which announced its so-called “digital safety deposit box” in February, is aiming to attract crypto exchanges and funds as clients for the new tool.The

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