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Canada

Steve Kaaru

25 April, 2024

Canada to enforce new ‘crypto’ tax guidelines by 2026

Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take...

Binance kicks off embarrassing week with class action lawsuit in Canada

Business

James Field

24 April, 2024

Binance kicks off embarrassing week with class action lawsuit in Canada

Legal hurdles continue to hound Binance after being hit with a class action lawsuit in Canada for allegedly breaching securities...

CBDC anonymity will impact bank lending: Bank of Canada

Business

Steve Kaaru

3 April, 2024

CBDC anonymity will impact bank lending: Bank of Canada

If the CBDC’s anonymity is sufficiently high, it will lure low-quality entrepreneurs as commercial banks cannot access their inflows, and...

Hut 8 shuts down Alberta site amid surging power costs

Tech

Steve Kaaru

12 March, 2024

Hut 8 shuts down Alberta site amid surging power costs

Hut 8 cited rising electricity costs and constant power disruptions as reasons for the closure, relocating its rigs to another...

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

Business

Steve Kaaru

15 February, 2024

Bank of Canada: CBDC with nationwide service locations will slice 12% of bank deposits

The central bank dismissed fears that a CBDC would disintermediate banks as the extra services they offer, like mortgages and...

Canada wants to ban NFTs, restricts digital asset investments for mutual funds

Business

Steve Kaaru

25 January, 2024

Canada wants to ban NFTs, restricts digital asset investments for mutual funds

Canada’s securities watchdog has published updated guidelines on digital assets for mutual funds, prohibiting investment in or holding digital assets...

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Claire Celdran

27 Mar 2025

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