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Canadian exchange Bitvo backs off the deal

The Canadian cryptocurrency exchange Bitvo has terminated its expected acquisition agreement with FTX to continue operating independently.Bitvo’s shareholder, Pateno Payments, has discontinued the acquisition deal with FTX Canada and FTX Trading in accordance with the agreement terms, Bitvo announced on Nov. 15.The firm emphasized that its operations have not been

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Canadian Energy Provider Hydro-Québec Proposes Stopping Electricity Supply to Blockchain Industry

The energy use of the miners have been a topic of debate globally. Most recently, A group of seven Democratic lawmakers in Washington, D.C., led by Sen. Elizabeth Warren (D-Mass), said they are looking into the energy usage and carbon emissions of the bitcoin mining industry in Texas, where many

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Canadian Self-Regulatory Agency Approves First Crypto-Native Investment Dealer

“Becoming an IIROC dealer and member of IIROC, it gives clients the security that they’re dealing with an intermediary, a securities dealer, with all the sorts of protections and oversight that they’re familiar with when they trade traditional assets,” Prokopy said. “And, heretofore, that has not been the case.” Original Source

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Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge

Bitcoin devotees have long said that the cryptocurrency's scarcity would help investors preserve the value of their money during times of high inflation. Bitcoin's market valuation, however, has halved to $427 billion this year despite rampant inflation. Source

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Canadian Crypto Exchange Sues Users for Return of Bitcoin Misappropriated During Software Glitch – Exchanges Bitcoin News

Canadian crypto exchange Coinberry, part of Kevin O’Leary’s Wonderfi, has sued 50 customers for the return of the bitcoin they obtained without paying during a software glitch. “Coinberry contacted all of the said 546 affected registered users by email and demanded the return of the misappropriated bitcoins,” the lawsuit

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