Canadian Bitcoin specialist Matador Technologies has announced an ambitious plan to accumulate up to 6,000 Bitcoin (BTC) by 2027, aiming to secure approximately 1% of Bitcoin's total supply. This marks a significant acceleration from its current holdings of 77.4 BTC, valued at around $9 million in today’s market. 🚨 $MATA ...
The Canadian Investment Regulatory Organization (CIRO) recently took a big step in tightening margin requirements for cryptocurrency funds, sparking fresh debate over Canada’s crypto regulations. In its latest quarterly update, CIRO excluded crypto funds from the List of Securities Eligible for Reduced Margin (LSERM), citing concerns over volatility, liquidity risks, ...
Canada’s financial system has long been considered a model of stability, but beneath the surface, frustration is building. According to Coinbase’s Canadian country director, Lucas Matheson, 86% of Canadians believe their financial system could use an update, 80% see it as fundamentally unfair, and 76% feel it’s in urgent need ...
According to the Globe and Mail report, the Ontario Securities Commission (OSC) is raising red flags over a sharp rise in cryptocurrency fraud across Canada, as scammers now weaponize artificial intelligence to swindle unsuspecting investors. Speaking during the Commission’s annual event on Thursday, OSC Chief Executive Grant Vingoe warned that ...
Canada is set to launch the world’s first spot Solana (SOL) exchange-traded funds (ETFs) that will include staking rewards on April 16, following approval from the Ontario Securities Commission (OSC). Four major issuers—Purpose Investments, Evolve ETFs, CI Global Asset Management, and 3iQ—will provide these groundbreaking funds, representing a significant milestone ...
HIVE Digital saw its stock price rise after it reported a significant year-over-year increase in Bitcoin holdings. In its February production update, the Canadian crypto mining firm disclosed that its Bitcoin reserves had grown by 23% compared to the previous year, reaching 2,620 BTC—valued at approximately $220 million. According to ...
Mark Carney, the former central banker and critic of Bitcoin, was elected Canada's new prime minister on March 9 after confirming he renounced his UK and Irish citizenships. He succeeds Justin Trudeau, who served for over seven years. Carney, who previously governed the Bank of Canada and the Bank of ...
The Canadian Investment Regulatory Organization (CIRO) has released its latest quarterly List of Securities Eligible for Reduced Margin (LSERM). In this update, they announced that cryptocurrency funds will not qualify for reduced margin rates. This decision is based on concerns about the volatility of cryptocurrencies, liquidity risks, and the uncertainty ...
Spot Bitcoin exchange-traded funds (ETFs) in the United States have returned to net inflows. According to data from Farside Investors, the twelve-spot Bitcoin ETFs experienced a collective net inflow of $340.7 million on February 4. This marked a reversal from the previous day when the ETFs had faced net outflows ...
According to local reports, Canada’s crypto ETF market, which has been steadily losing ground to its U.S. counterpart, may soon get a shake-up as Toronto-based Evolve Funds prepares to launch the country’s first leveraged Bitcoin and Ethereum ETFs. Evolve has filed a preliminary prospectus for the Evolve Levered Bitcoin ETF ...
