Opinion
While other countries move toward integrating crypto into their financial systems, Canada is lagging, costing the country capital, talent and competitiveness. Canada’s direction on digital asset innovation remains uncertain.
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Canada News
Canada is a country in North America with a constitutional monarchy form of government. It is the second largest in terms of territory and one of the richest countries in the world as far as the average income per person. Currently, it is a decent place for the crypto industry as the government supports all investigations into and developments of the blockchain technology. Also, Canada’s cryptocurrency regulation is not supposed to tighten in terms of control and taxing of transactions made through virtual currencies. In addition, in July 2017, the British Columbia Security Commission provided registration to an investment company which offers services related to Bitcoin and digital assets. In Canada, cryptocurrency trading is absolutely legal and available with a wide range of exchange ATMs.
- News
The biopharmaceutical company bought $1 million of Bitcoin and other cryptocurrencies, taking its total crypto holdings to $4.5 million.
5338 - Use Case
As Canada faces critical compute shortages in AI, decentralized infrastructure offers a strategic advantage to reclaim sovereignty and global leadership.
5788 - Analysis
Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins.
1716 - News
Canada categorized stablecoins as securities and/or derivatives in December 2022, a month after the collapse of cryptocurrency exchange FTX.
19474 - News
In an exclusive interview with Cointelegraph at the Futurist Conference, Coinbase Canada’s CEO disclosed a recent investment in Stablecorp and outlined plans for the local stablecoin market.
3767 - News
Robinhood will acquire Canadian crypto firm WonderFi for $179 million in cash, joining a growing wave of crypto M&A as it expands its global reach.
2508 - Analysis
US stock markets see a shaky recovery in April, while Bitcoin’s price is up 16%. Meanwhile, Ethereum captures 60% of tokenized RWA value.
3360 - News
Many polls and betting platforms favor Liberal Party candidate Mark Carney over the Conservative Party's Pierre Poilievre in the snap election for Canada's next prime inister.
4983 - Explained
Canada leads crypto innovation again by approving spot Solana ETFs with staking. This step is likely to expand crypto market access.
- News
The ETFs will access Solana staking through Canada’s newly approved staking feature for crypto funds.
3764 - Newsletter
A senior Fed official believes markets are still functioning properly, but said the central bank would "absolutely" step in if financial conditions become disorderly.
5338 - News
The Ontario Securities Commission, a provincial regulator, approved 3iQ’s SOL Staking ETF earlier this week.
4782 - Analysis
Crypto firms worldwide state that debanking is still getting in the way of growth.
4006 - News
According to Bloomberg's Eric Balchunas, multiple SOL ETFs are set to launch in Canada on April 16. The funds are expected to feature SOL staking.
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