Key Takeaways Vancouver Mayor Ken Sim has introduced a motion to the city council proposing the exploration of Bitcoin as part of the city’s financial strategy. The initiative plans to evaluate BTC potential to safeguard purchasing power and diversify municipal…
Key Takeaways The Bank of Canada (BOC) recently released a study revealing Canadian consumers’ reservations about adopting a central bank digital currency (CBDC). This comes as the BOC explores a digital Canadian dollar, aiming to gauge public interest and address…
Key Takeaways The Canadian Securities Administrators (CSA) have extended the deadline for cryptocurrency trading platforms to comply with updated stablecoin regulations. Initially set for October 31, 2024, the new deadline is now December 31, 2024. The extension was granted due…
Key Takeaways Self-proclaimed Crypto King Aiden Pleterski is charged with money laundering and one count of fraud over 5,000 Canadian dollars ($3,666) by the Canadian authorities Apart from him, police have also charged his associate Colin Murphy with fraud for falsely claiming to…
Key Takeaways Manitoba, a Canadian province, has extended its moratorium on new requests for electrical service for cryptocurrency operations until April 30, 2026. This extension follows the initial pause imposed in November 2022 due to concerns about the strain cryptocurrency…
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