SHIB Payments May Be Available to 650 Million Users, Ripple’s Partner Launches Crypto Remittances Between Mexico and Canada: Crypto News Digest by U.Today

Read U.Today’s news digest to find out what’s going on in the industry!

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Bank of Canada’s Deputy Governor Calls For Advancement Of Crypto Regulations

In an interview with Reuters on June 9th, 2022, Carolyn Rogers, Senior Deputy Governor of the Bank of Canada talked about the problems of the growing demand for Cryptocurrency assets in Canada. One of her concerns is that a lot of people investing in products like Bitcoin may not necessarily understand the risk and little […]

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Canadian leadership debate reveals massive Bitcoin ignorance among candidates

The Conservative Party of Canada held a leadership debate in Edmonton on May 11, with Bitcoin among the many topics discussed by the six hopefuls. The post Canadian leadership debate reveals massive Bitcoin ignorance among candidates appeared first on CryptoSlate.

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Canada, Russia and Crypto's Place in the World

We may be on the cusp of seeing the effect that widely coordinated, government-imposed sanctions have on digital currencies (and currencies’ ability to bypass this type of financial censorship).

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Is Canada planning to make the financial surveillance act permanent?

The financial surveillance resulting from the Emergencies Act may become a permanent fixture of Canadian society.   Reports emanating from the country state that the government is considering making these laws permanent.

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Cryptos Rise as Bitcoiner Runs For Prime Minister While Freedom Convoy Raises $400,000 BTC

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CoinSmart Review – Fees, Supported Coins & Countries, Payment Methods, KYC Process

If you are a crypto enthusiast living in Canada or the United States of America, you may likely have met with frustration over the seeming scarcity of legally recognized exchanges where you can buy, sell, or store crypto.

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BOSAGORA(BOA), signs business partnership with PIST TRUST

BOSAGORA signed a business partnership with PIST TRUST, a blockchain-based digital asset management platform. BOSAGORA, a public blockchain platform specialized in Metaverse, launched the MetaCity Forum in May, has signed partnerships with promising companies such as AIITONE, BRI (Canada), IBK Securities, KB Capital, Finger, Crowdy, etc.

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Thailand’s small entrepreneurs tapped into lucrative Bitcoin mining–buying up rigs from China 

Lucrative Bitcoin mining is reportedly on the upswing in Thailand–thanks to cheap leftover hardware purchased from China, Al Jazeera reported.   Over 50% of the industry was forced to relocate in May after China imposed a ban on mining crypto, and while big operations found their new bases in countries like the US, Kazakhstan, and Canada, […] The post Thailand’s small entrepreneurs tapped into lucrative Bitcoin mining–buying up rigs from China  appeared first on CryptoSlate.

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For Binance, 'the ship may already have sailed' on this count

Binance, the world's largest crypto-exchange (by volume), has been dealing with several headwinds lately in the form of regulatory action across the globe - be it in the U.K, the U.S.A, Japan, Canada,The post For Binance, 'the ship may already have sailed' on this count appeared first on AMBCrypto.

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NCFA Reveals Speakers and Agenda for FFCON21

The conference will explore accelerated blockchain and fintech trends and innovations paving the way to mass adoption and scale. TORONTO — May 6, 2020 — The Fintech & Financing Conference and Expo (#FFCON21), Canada’s premier fintech conference organized by The National Crowdfunding & Fintech Association (NCFA), Toronto Finance International (TFI), and partners announced its agenda … Continued The post NCFA Reveals Speakers and Agenda for FFCON21 appeared first on BeInCrypto.

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Canada's Purpose Bitcoin ETF may be cutting into Grayscale's market share

Following the launch of Canada’s first Bitcoin ETF, shares in Grayscale’s Bitcoin Trust have spent an entire month trading at a discount compared to spot BTC for the first time.

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Bitcoin ETF may come to US, but not all crypto investors think it’s needed

As Bitcoin ETFs launch in Canada, an approval from U.S. authorities appears to be closer than ever before as naysayers start to run out of reasons to deny it.

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Bitcoin Breaks $49,000: Is $50k Far Away?

Bitcoin surged 2% starting shortly after 5AM London time on Feb 14. The initial indication is that news from corporations may be having an effect. This ranges from North America’s first Bitcoin Exchange Traded Fund launching in Canada on Feb.

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$18K Bitcoin price, eh? BTC market cap may pass Canada’s monetary base

Bitcoin’s market cap is rapidly surpassing the monetary base of multiple national currencies, and it looks like the Canadian dollar is next.

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The Canadian tax authority is after Coinsquare’s user data

Canada’s tax authority, the Canadian Revenue Agency (CRA) has been trying to seek out the country for anyone who may have made gains for trading crypto. There is a strong suspicion that many have not paid their taxes on their crypto earnings, and so CRA took legal action against crypto exchange Coinsquare in order to force it to hand over seven years of user data.

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Bank of Canada CBDC Insight: Zero-Knowledge Proof Are Insufficient for National Scale Integration

A recent analytical staff note by the Bank of Canada on CBDC's has highlighted that higher privacy levels may come at a cost. The bank summarized possible privacy CBDC frameworks as it looks to advance research and development in this space.

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Gemini Exchange Brings Crypto Trading to Over 4 Million Samsung Users in U.S., Canada

Winklevoss brothers-backed Gemini cryptocurrency exchange has inked a partnership with South Korean multinational conglomerate Samsung Electronics Co. Per the terms of the partnership, as reported by Bloomberg on May 28, 2020, Gemini’s app will integrate with Samsung’s blockchain wallet to allow users to trade and store digital assets on mobile phones.

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GDA Joins DigitalBits Ecosystem to Bring Branded Cryptocurrency to Enterprise

TORONTO, CANADA, May 1, 2020 — Global Digital Assets (GDA), the first merchant bank in North America to focus on blockchain and digital assets, announced today that it will be joining the DigitalBits ecosystem to further enterprise adoption for branded cryptocurrencies.

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In Canada They’re ‘Essential,’ In Argentina They’re Shut Down: Bitcoin Miners Reckon With COVID-19

Here's how the "Great Lockdown" is redrawing the bitcoin mining landscape. The halving and economic crisis may be priced-in – but local politics aren't.

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Canadian Regulator Gives Warning After Busting Two Cryptocurrency Firms

The Manitoba Securities Commission (MSC) in Canada has warned the public against cryptocurrency scams after cracking down on two firms. The world may be embroiled with a coronavirus pandemic, but Canadian regulators are still keeping their eye on cryptocurrency-related scams.

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Royal Bank of Canada Patents Point to Crypto Exchange Launch

The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital currency trading to the bank’s 16 million clients.

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Building a Future on Ethereum at Canadian Hackathon

A hackathon may sound like something conducted in a disused warehouse by a bunch of computer nerds trying to break into government websites. In reality it is the complete opposite; a gathering of whitehats and industry professionals sharing knowledge and innovating on current networks.

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Central Bank Survey: Canadian Crypto Awareness and Ownership Increasing

A lengthy survey into the awareness and usage of Bitcoin and crypto assets by Canada’s central bank has revealed impressive growth despite the recent bear market. The research also offers good insights as to what Canadian’s think of the crypto industry and what the future may hold for a cashless society.

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3iQ expects to launch Bitcoin ETF this quarter after “favorable” ruling from Canada’s top securities regulator

The Ontario Securities Commission (OSC) has ruled to allow crypto fund manager 3iQ to issue a prospectus for its prospective exchange-traded Bitcoin fund, signaling that Canada’s top securities regulator may be about to approve the launch of the nation’s first Bitcoin ETF.

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Bitcoin ?Direct Threat? May Be Handled by Canada?s Central Bank Through Launching Its Own Crypto

Bank of Canada mulls creating its own centralized coin to collect personal data of citizens and handle the ?direct threat? coming from Bitcoin and other crypto currencies

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Rwanda’s Central Bank May Launch Its Own Digital Currency

The Central Bank of Rwanda is currently studying the possibility of creating its own digital currency right now. According to the reports, the bank is currently looking at the studies which are being made in Canada, Singapore, and the Netherlands.

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Moonday Mornings: IBM wants to put your browser history on the blockchain, forever

Welcome to another Moonday Mornings. Let’s waste no time and take a look at the weekend’s cryptocurrency and blockchain headlines you can’t afford to miss. 1. Cryptocurrency traders in Israel are facing a sticky situation.

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Dinosaurs are dead, but there’s still life inside their bones

One of the tricks you learn hunting dinosaurs in Canada is to look for orange. Dinosaur bones are dull browns, tans, and greys. But in the middle of the drab sandstones of the badlands – a dry landscape where wind and water have worn away much of the rock – you’ll sometimes catch a flash of fluorescent orange.

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Bitcoin Mining May Prove Useful for Gas Well Owners

Gas companies in Canada are utilizing trapped natural gas otherwise flared to the atmosphere for bitcoin mining, creating a useful application for illiquid energy. Why Flare When You Can Mine Bitcoin Canadian gas companies in Alberta are developing means of utilizing natural gas to power bitcoin mining farms.

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nuco.cloud ICO

The nuco. cloud (short term of nubes computatrum) is a cloudbased distributed computing network developed by the Iron Eagle Capital GmbH, based on BOINC (Berkeley Open Infrastructure Network Computing), the scientific computing cloud of the University of California, Berkeley, and Gridcoin.

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Crypto Payment Methods Broaden in Canada

Canada, contrary to what some people may believe, is no newbie to cryptocurrency. In fact, some of the most significant milestones in cryptocurrency occurred in the land of maple syrup. Here are some of them: ·     Waterloo was the birthplace of Ethereum ·     Crypto Kitties – the most used dApp of Ethereum – […] The post Crypto Payment Methods Broaden in Canada appeared first on CaptainAltcoin.

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GlobalCoin Crypto Among Facebook’s ‘Most Important’ Launches, Squeals Banker

By CCN Markets: Analysts at Royal Bank of Canada (RBC) Capital Markets predict that Facebook’s upcoming cryptocurrency, GlobalCoin, could be the company’s most significant achievement yet.

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Canadian Coinbase Customers Can Now Link Their PayPal Accounts With the Exchange

Coinbase customers in Canada will now be able to link their accounts with PayPal, one of the most popular payment services around the world. The information was released by Coinbase in a blog post on May 28.

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Avoid These 3 High-Risk Cannabis Stocks Like the Plague

By CCN: Cannabis stocks are all the rage following last year’s explosion in the sector. With legalization gaining steam in both the U. S. and Canada, investors are piling into these companies as if they are going to be the next great money-making scheme.

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Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure

This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation.

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Top Canadian Law Firms Collaborate to Explore the Benefits of Blockchain in the Legal Industry

Law-focused blockchain startup OpenLaw announced on May 7, 2019, that six of Canada’s leading law companies – in partnership with blockchain consultancy firm GenesisB – will develop an “innovative smart legal template” on the Ethereum blockchain.

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Bank of Canada and Singapore Financial Watchdog Exchange Digital Currency on Blockchain

Bloomberg reports on May 2, 2019, that the Bank of Canada and Monetary Authority of Singapore (MAS) have successfully sent each other digital currencies using blockchain technology. This marks the first instance of such a transaction between two central banks.

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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies

By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments.

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

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U.S. Citizens Can Now Accept Their Federal or State Tax Refund in Bitcoin

Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off.

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Op Ed: We Just Launched the First Cryptocurrency-to-Tax Payment Partnership

Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.

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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners

They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power.

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Europol Launches Global Campaign Against Dark Web Vendors, Buyers

The European Union Agency for Law Enforcement Cooperation, better known as Europol, announced on March 26, 2019, that it has made an ongoing partnership with law enforcement from Canada, the United States and the member states of the European Union to target buyers and sellers of illegal items on the dark web.

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After QuadrigaCX: New Regulations for Canadian Exchanges Are in the Works

As anxiety grows around every new twist and turn in the ongoing QuadrigaCX drama, along with extensive QuadrigaCX media coverage, Canada’s mainstream media has been calling on the government to bring in better oversight and regulation of cryptocurrency businesses, especially cryptocurrency exchanges.

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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets

As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends.

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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him.

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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash

For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc.

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Report: Crypto Exchanges Saw Trading Volumes Plummet in January

The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018.

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