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Canada
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
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
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
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
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
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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