They are seeking to identify the principles necessary for any CBDC, to help other central banks around the world to meet their public policy objectives.
A mandate from the securities regulator has prompted digital currency exchange BitMex to block Ontario residents from its services.
CEO Cole Diamond, founder and President Virgile Rostand, and CCO Felix Mazer are accused of intentionally manipulating markets.
A BTC scam in Canada has continued to expand across the country and has now hit British Columbia. The scammers impersonate the police and demand for BTC.
The Quebec financial industry watchdog has brought fresh charges against the operators of PlexCoin, just months after the SEC forced it into a $7m payment.
Scammers in Canada have been contacting residents and demanding for BTC, impersonating police and tax officers. Two victims lost $15,460 to the scammers
The Bank of Canada has put up a job posting for a project manager for its CBDC project. The posting revealed more details about the regulator’s CBDC plans.
The digital currency exchange’s downfall ‘resulted from fraud’ committed by CEO Gerald Cotton, according to Ontario regulator.
On June 1, the amendments made to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act were made effective.
Toronto-based HyperBlock Inc. declared that its 20-megawatt data center near Missoula is offline, and all block reward mining operations have ceased.
According to EY, close to 17,000 people have filed claims for refunds from QuadrigaCX. However, with the Canadian taxman in the mix, refunds could take years.