Link Global faces major penalties from Alberta Utilities Commission
AUC proposed Link Global to pay an economic disgorgement of roughly CAD 2 million for financial gains from unlawful electricity production.
Latest Canada News
Canada’s new guidance targets advertising and social media for digital currency exchanges
The new guidance also aims to swipe so-called “gambling style” promotions used by some digital currency exchanges, which it says are responsible for unwise investment behaviors.
MNP report: BSV is the real Bitcoin
MNP looked at the original whitepaper and compared the current expressions of BTC and Bitcoin SV (BSV) to determine which blockchain represented the true original vision for Bitcoin.
The CoinGeek Pulse Episode 59: Canada regulator bars Tether trading; Cuba eyes digital currency for payments, Asia updates
The Ontario Securities Commission continues to tighten its grip on digital currency operators, recently barring digital currency platforms from offering Tether (USDT) trading services.
Tether banned on Canada’s first 2 licensed digital currency exchanges
Due to Tether’s legal troubles, the Ontario securities regulator has placed the digital currency under “Prohibited Crypto Assets,” the only asset under this category.
Canadian regulator accuses OKEx of non-compliance, wants millions of dollars in penalties
The Ontario securities regulator has set its sights on OKEx, which it accuses of non-compliance, after it went after Poloniex, Kucoin and Bybit.
Regulatory walls are closing in on Binance
Binance came under regulatory fire on three continents in the space of a single weekend, another sign that the enforcement walls are rapidly closing in on the troubled cryptocurrency exchange.
Bybit derivatives exchange hit with securities violations in Canada
The Ontario Securities Commission has issued a statement of allegations against Bybit, accusing the company of operating in its jurisdiction without obtaining the required licenses.
KuCoin falls victim to Canadian securities law clampdown
The Ontario Securities Commission has initiated enforcement proceedings against the companies behind the KuCoin exchange.
Canada regulator: Poloniex is non-compliant
Seychelles-based Poloniex is accused of trading securities without registering with the Canadian Securities Administrators as required by the Ontario Securities Act.
Hive Blockchain sells Norwegian subsidiary, cites loss of power subsidies
Hive confirmed it had sold its Norwegian subsidiary Kolos Norway AS to the local municipality of Narvik under a share purchase agreement.
FRNT Financial Closes Oversubscribed Non-Brokered $4M Pre-IPO Financing
With the investment, FRNT continues to build its capital base and human capital infrastructure for distribution and development of the firm's OTC Derivatives products, SEMs and other technology and consulting services.