Canada

Canada Officially Classified Cryptocurrency Companies as Financial Service Businesses
Jun 04, 2020 at 09:39
News
Canada Officially Classified Cryptocurrency Companies as Financial Service Businesses
Canada has recognized cryptocurrency handling companies such as exchanges and payment service providers, as legitimate ‘Money Services Businesses (MSB)’, as the money laundering and terrorism financing act (PCMLTFA) amendment started acting.
The Number of Bitcoin ATMs Approaches 8,000 Amidst COVID-19
Apr 23, 2020 at 13:13
News
The Number of Bitcoin ATMs Approaches 8,000 Amidst COVID-19
The operation of Bitcoin ATMs seems unaffected by the COVID-19 pandemic, with their number approaching 8,000 machines worldwide in April 2020.
Swedish Central Financial Institution Launches Tests of E-Krona Currency
Feb 22, 2020 at 12:14
News
Swedish Central Financial Institution Launches Tests of E-Krona Currency
The  central bank of Sweden has entered the world's first test of the issuance of their own central bank digital currency (CBDC). This means that the country has become part of those governments (over 15 countries) trying to issue their own CBDC.
Applying Blockchain to Document Management in Health Sector
Dec 14, 2019 at 10:39
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Applying Blockchain to Document Management in Health Sector
Blockchain is one of the technologies that makes it possible today to design digital document management solutions, because, users have the possibility of safeguarding and tracking information or documents of extreme importance.
G7 Leaders Want to Learn More About Bitcoin
Oct 28, 2019 at 14:10
News
G7 Leaders Want to Learn More About Bitcoin
Leaders from the seven most powerful world economies want to fully explore Bitcoin to its maximum potential. The G7 recently released a report on cryptocurrency investigating the effects of global stable coins. The G7 which includes the US, UK, Germany, Italy, Japan, France, and Canada also has leading hubs for cryptocurrency and blockchain projects.
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
Sep 23, 2019 at 14:08
News
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
The CRA - Canada Revenues Agency (Customs and Revenue Agency), a federal authority which administers tax laws, started investigating the impending unknown revenues of QuadrigaCX, a defunct cryptocurrency exchange. On Monday Sept. 16, the Globe and Mail published a report saying that the Trustee on the QuadrigaCX insolvency case has managed to produce the tax returns files for previous earnings of the firm.
Blockchain to Solve the Trust Issue in Energy Systems
Aug 18, 2019 at 10:41
News
Blockchain to Solve the Trust Issue in Energy Systems
It is believed that its innovation that has changed the world so far, and that is why new technological products continue to emerge onto the market with each day that passes. Now, the University of Waterloo, Canada, has successfully conducted an integration of distributed ledger tech (DLT) into energy systems, an initiative which may lead to the extended charging setup for electric vehicles (EVs).
Regulators are Suspicious About Facebook’s Libra Network
Aug 07, 2019 at 15:37
News
Regulators are Suspicious About Facebook’s Libra Network
The Office of the Australian Info Commissioner (OAIC) released a statement on Tuesday showing that it has joined other privacy regulators from different parts of the world I’m calling for more info about Facebook’s Libra Network. OAIC and other regulators including United Kingdom Info Commissioner’s Office (ICO), the European Union, the United States, Albania, Canada and Burkina Faso, want to know more about Facebook's information protection framework for its private cryptocurrency dubbed Libra that is expected to be launched in the first quarter (Q1) of 2020.
Canada: Richmond Hill Now Accepts Bitcoin Tax Payments
Jul 24, 2019 at 13:10
News
Canada: Richmond Hill Now Accepts Bitcoin Tax Payments
A city with over 200,000 people located in the south-central York Region, Ontario, Canada, Richmond Hill has joined other cities including Innisfil in accepting Bitcoin (BTC) payments from its residents. Now, all residents residing in these cities will be able to pay every kind of property taxes using cryptocurrencies especially Bitcoin, the globe’s top digital asset by market cap.
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