Canadian pension funds to reveal crypto exposure

2023-3-29 15:13

In a bid to protect citizens’ retirements, the Canadian government will direct regulated pension funds to show their exposure to cryptocurrency. Part of Canada’s 2023 budget plan mentioned the need to protect investors from cryptocurrency risks, adding that “there is…

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protect canadian cryptocurrency exposure funds pension need

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Источник: btcmanager.com

protect canadian → Результатов: 10

Trudeau revokes emergencies act powers, but the case for crypto grows

The Canadian PM has also begun to unfreeze many of the bank accounts of protestors and donors to the Freedom Convoy, who are turning to Bitcoin to protect themselves from future interference.

2022-2-24 09:59
donors freedom protestors bank accounts convoy future

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Canadian Exchange Shakepay Gets Cold Wallet Insurance to Protect Customer Funds

Canadian crypto exchange Shakepay has secured cold wallet insurance through Aon with Lloyd's of London underwriters.

2020-8-26 16:00
wallet canadian cold insurance exchange shakepay aon

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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.

2019-3-20 18:42	Regulation
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QuadrigaCX Granted 45-Day Court Extension to Find $140 Million in Missing Crypto

A Nova Scotia Supreme Court Justice has given defunct cryptocurrency exchange QuadrigaCX a 45-day extension to search for $140 million worth of missing crypto assets. Judge Michael Wood extended the creditor-protection deadline to April 23, which would protect Quadriga from potential lawsuits.

2019-3-6 14:21	QuadrigaCX
million crypto quadrigacx missing 140 extension 45-day

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$250 Million Inaccessible in QuadrigaCX CEO’s Cold Wallet

Canadian Exchange QuadrigaCX is seeking legal protection after they revealed that $250 million of customers’ funds are in a cold wallet only accessible by their late CEO, a February 1, 2019 report says.

2019-2-4 14:00	Finance
250 wallet funds million quadrigacx ceo cold

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Canadian Startup Kik Plans to Fight a Legal Battle Against the SEC Over an ICO Case

Kik Interactive Inc. , a social media startup based in Waterloo, Ontario is planning to fight the Securities and Exchange Commission (SEC) in court. The startup’s 2017 initial coin offering is at the center of the controversy, as reported by the Wall Street Journal.

2019-1-29 15:29
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Canada Encourages Cannabis Sector to Transact Discreetly

The Office of the Privacy Commissioner of Canada has published a document advising Canadian citizens to use cash to conduct transactions pertaining to cannabis in order to protect personal information.

2018-12-22 11:50
canada sector transact encourages privacy discreetly analyst

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Canadians Denied at U.S. Border for Purchasing Marijuana Shows Perfect Usecase for Bitcoin

The Government of Canada has advising warnings that citizens should purchase marijuana with cash to protect their personal information on December 19, 2018, highlighting a perfect real-world scenario for Bitcoin.

2018-12-21 17:00
marijuana bitcoin canada back citizens perfect due

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New Shakepay Feature Turns Your Spare Change Into Bitcoin

Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post.

2018-12-18 02:32	Payments
shakepay change service bitcoin customers app canadian

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IRS draft tax form for crypto defines unhosted wallets as brokers

The IRS published a draft version of its 1099-DA reporting form and controversially included unhosted crypto wallets among its targets on April 19. Ji Kim, Chief Legal and Policy officer at the Crypto Council for Innovation, wrote that the IRS’ approach is “unfortunate” as it does not recognize that unhosted wallet providers lack knowledge about […] The post IRS draft tax form for crypto defines unhosted wallets as brokers appeared first on CryptoSlate.

Top IRS official says ‘pure crypto tax crimes’ on the rise alongside scams

IRS criminal investigation chief Guy Ficco told CNBC on April 12 that taxpayers are increasingly committing tax crimes involving crypto. Ficco said the IRS has seen an increase in “pure crypto tax crimes” that fall under Title 26 of the US Code, which includes federal income tax violations.

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report

Earnings already subject to the 15% capital gains tax don't need to be included when calculating income taxes.

Biden’s 2025 budget targets crypto tax loopholes, expands digital asset oversight

The Biden administration released its proposed budget for 2025 on March 11, which includes provisions to implement a series of regulatory measures targeting digital assets. The proposed rules are expected to generate nearly $10 billion in additional tax revenue by 2025.

Indonesia considers easing crypto taxation

Indonesia witnessed a notable downturn in its crypto tax revenue in 2023, plunging by 62% compared to the previous year, despite the surge in Bitcoin's value.

South Korea’s ruling party proposes delay in crypto taxation as election pledge

In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb.

Brazil to implement new tax on foreign crypto earnings in 2024

The Brazilian Senate has approved a new taxation policy, effective Jan. 1, imposing up to a 15% tax on earnings from crypto held in foreign exchanges.

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2023-3-29 15:13

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