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Canadian Bank Changes Bitcoin Tune, May Launch Cryptocurrency Exchange

The Royal Bank of Canada (RBC) is exploring building a cryptocurrency trading platform for both investments and in-store/online purchases. This move would make the bank — the largest in Canada by market capitalization, with $661 billion CAD ($499 billion) in assets under management — the first in the country to

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Canadian Blockchain Firm Launches USD-Pegged Stablecoin CUSD

Canadian blockchain research firm Blockchain Venture Capital Inc. (BVCI) has officially launched a United States dollar-pegged stablecoin, the CUSD, according to a press release published on Nov. 11.The new USD-anchored stablecoin comes four months after the firm launched CADT, a stablecoin initiative pegged to Canada’s national fiat currency.CUSD is

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Canadian Regulator Seizes Assets of Defaulting Einstein Crypto Exchange

The British Columbia Securities Commission (BCSC) announced through a blog post that it has taken action against a Canadian crypto exchange firm called Einstein Exchange. The BCSC is an independent provincial government agency that is in charge of regulating capital markets in the Canadian state of British Columbia.The BCSC said

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Canadian Regulators Seize Crypto Exchange Reportedly Owing $16M to Clients

Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange.In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had taken action against the Einstein cryptocurrency exchange, which apparently owes more than $16 million to its customers,

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Canadian Investment Manager 3iQ Gets Approval for Bitcoin Fund from Regulators

Founded in 2012 by Fred Pye and Jean-Luc Landry, 3iQ Corp. is an investment fund manager which focuses on digital assets and innovative technologies. On October 30, 3iQ announced to have received green light from the Ontario Securities Commission (OSC) for a closed-end Bitcoin fund.The fund is now going to

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Canadian Markets Regulator Gives 3iQ Green Light to Offer Bitcoin Fund

Canadian investment fund manager 3iQ will now be able to offer Canadian retail investors a regulated, publicly-traded Bitcoin (BTC) fund.Bitcoin fund available to retail investors by end of yearIn an Oct. 30 press release, 3iQ announced that it had received a favorable ruling from the Ontario Securities Commission (OSC)

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Canadian Terminal Operator Joins Maersk and IBM’s TradeLens

Global Container Terminals (GCT), a container terminal operator in North America, has joined Maersk and IBM's blockchain shipping tool TradeLens.Adding four Canadian and U.S. terminals to the platform As part of the initiative, Vancouver-based GCT will gradually roll out the blockchain-based platform at the four terminals it operates, the firm

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