APX Lending Secures $20M Funding Amid ‘Rising Demand’ for Crypto-Backed Loans in Canada
APX received exemptive relief from the Canadian Securities Administrators (CSA) at the start of this month.
Canada
Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ for Crypto in the Country
Kraken announced it will offer free Interac e-Transfer deposits for Canadian users to reduce friction for newcomers to the platform.
Ukraine Ceasefire Breakthrough Sends Markets Into Green; Bitcoin Retakes $83K
Also giving a boost was an easing in trade tensions between the U.S. and Canada.
What $1,000 in Bitcoin from Trudeau’s ‘freedom convoy’ freeze is now worth
Justin Trudeau announced his resignation as Canada’s Prime Minister, nearly three years after what is known as the “Freedom Convoy.” … Continue reading
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Trudeau’s Departure in Canada Opens Possibilities for Crypto
Prime Minister Justin Trudeau said he’d step down as prime minister and his party’s leader, opening the chance for a crypto supporter to replace him.
Circle Claims Bragging Rights of USDC Becoming First Regulated Stablecoin in Canada
Pressure mounts on crypto exchanges operating in the country to comply with tighter rules to list stablecoins by the end of this year.
Missing Crypto Influencer, Under Investigation by Canadian Regulator, Found Dead in Montreal: Report
His body was found months after he was kidnapped from a Montreal condo. A 32-year-old woman has been charged with his murder.
Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD – in a crypto and foreign exchange investment scheme.
Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations.
KPMG Survey Finds 39% of Canada’s Institutional Investors Had Exposure To Crypto Assets in 2023
Institutional investors located in Canada significantly increased their holdings of cryptocurrencies in 2023, a survey by KPMG found.