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Canada

Canada law recognizes digital currency firms as money services
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3 June, 2020

Canada law recognizes digital currency firms as money services

On June 1, the amendments made to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act were made effective.
HyperBlock shutting down amid poor BTC market
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1 June, 2020

HyperBlock shutting down amid poor BTC market

Toronto-based HyperBlock Inc. declared that its 20-megawatt data center near Missoula is offline, and all block reward mining operations have...
17,000 QuadrigaCX users have filed claims, but it could take years
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14 May, 2020

17,000 QuadrigaCX users have filed claims, but it could take years

According to EY, close to 17,000 people have filed claims for refunds from QuadrigaCX. However, with the Canadian taxman in...
Hut 8 reports increased revenue in 2019
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13 April, 2020

Hut 8 reports increased revenue in 2019

The surge in earning results are primarily because of two major operational expansions that increased petahash capacity by 19.6%.
Canada exploring blockchain for renewable energy management
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5 April, 2020

Canada exploring blockchain for renewable energy management

Conservation authorities in Ontario, Canada are working on a blockchain platform to manage renewable energy at a time when global...
HIVE Blockchain acquires Quebec facility for $2.8M
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1 April, 2020

HIVE Blockchain acquires Quebec facility for $2.8M

HIVE Blockchain Technologies has acquired a digital currency mining facility based in Quebec, Canada for $2.8 million in stocks and...
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