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Canada

Canadian securities watchdog passes new rules for VASPs, demands swift compliance
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26 February, 2023

Canadian securities watchdog passes new rules for VASPs, demands swift compliance

To safeguard investors, Canada enhances its regulatory control of VASPs, which includes restricting them from offering stablecoins to customers and...
Hydro-Quebec CEO behind push to ban new power allocation to BTC miners to leave post
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28 January, 2023

Hydro-Quebec CEO behind push to ban new power allocation to BTC miners to leave post

Sophie Brochu has been the CEO of Hydro-Quebec for three years and during her tenure, she called on regulators to...
Bank of Canada pushes for firmer stablecoin regulation
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24 December, 2022

Bank of Canada pushes for firmer stablecoin regulation

The global stablecoin market capitalization currently stands at an impressive 161 billion, and the researchers from the Bank of Canada...
Canada’s securities regulator tightens rules guiding digital asset service providers
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16 December, 2022

Canada’s securities regulator tightens rules guiding digital asset service providers

Part of the new measures outlined by the Canadian Securities Administrators includes prohibiting service providers from allowing customers to trade...
Quebec blockchain miners may face electricity cuts from grid operators
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8 November, 2022

Quebec blockchain miners may face electricity cuts from grid operators

Hydro-Quebec’s Electricity Supply Plan 2023-2032 report warns that the city’s electricity consumption could spike by an additional 25 TWh in...
Canada to review state of digital assets, stablecoins, CBDC in new budget
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7 November, 2022

Canada to review state of digital assets, stablecoins, CBDC in new budget

The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart...
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