FTX Agrees to Acquire Canadian Trading Platform Bitvo as It Eyes Regional Expansion
FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year. Source
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Canadian Crypto Trading Platform VirgoCX Raises $8M With Growth In Sight
Canadian cryptocurrency trading platform VirgoCX raised $7.95 million in a Series A funding round as the firm plots global expansion along with added product and service offerings. Source
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Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
Bitcoin (BTC) descending to $24,000 has cost its largest institutional investment vehicle more than the average hodler.According to data from on-chain monitoring resource Coinglass on May 13, the Grayscale Bitcoin Trust (GBTC) is now trading at a nearly 31% discount.Grayscale CEO: Investors are "waiting for things to settle down"Amid ongoing
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Kevin O’Leary-backed WonderFi to acquire Canadian crypto exchange Coinberry for $38.5M
WonderFi Technologies, a decentralized finance (DeFi) platform, plans to continue its expansion in Canada by purchasing the Coinberry crypto exchange for $38 million. The platform will be the second regulated crypto exchange under WonderFi once the acquisition is finalized. The firm recently closed its acquisition of Bitbuy's parent company First Ledger
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Inflows to Canadian Bitcoin ETFs hit all-time high: Glassnode
Canadian Bitcoin exchange-traded fund (ETF) holdings have increased to all-time highs according to recent research, and spot-based products are leading the way.Canadian Bitcoin ETFs have increased their holdings by 6,594 Bitcoin (BTC) since January to reach an all-time high of 69,052 total BTC held.The Purpose Bitcoin ETF saw the biggest
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11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy
A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together exchange platforms, blockchain projects and tech investors, the association will work to advance blockchain-related policies that
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Dapper Labs, Ether Capital Headline Newly Formed Canadian Web3 Council
The Council’s initial members are: Aquanow, Axiom Zen, Chainsafe Systems, NBA Top Shot maker Dapper Labs, Ether Capital, ETHGlobal, Figment, Cosmos developer Informal Systems, Ledn, Wealthsimple and WonderFi Technologies. Additional members are actively being sought, according to the statement. Source
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Canadian PM candidate supports freedom to use Bitcoin as money
The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money in the country.The YouTube channel BITCOIN posted a video on March 29 of Poilievre saying that the people of Canada need “more financial freedom” before
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Canadian Musician Grimes Reveals ‘Intergalactic Children’s Metaverse Book’ at Avalanche Summit – Bitcoin News
At the Avalanche Summit in Barcelona, the Canadian musician and record producer Grimes announced she plans to launch an “intergalactic children’s metaverse book.” Grimes’ children’s metaverse book project is part of a $100 million initiative started by the Avalanche Foundation and the non-fungible token (NFT) launchpad OP3N. Grimes Partners With OP3N
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Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario – Exchanges Bitcoin News
Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency exchange Binance sent a letter to the Ontario Securities Commission (OSC)
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