Canadian Prime Minister Mark Carney has announced dollar-for-dollar retaliatory tariffs against the United States after trade negotiations between Ottawa and Washington broke down. The move follows the Trump administration’s decision to impose 50% tariffs on roughly $20 billion of Canadian goods, covering products such as dairy, electronics, clothing and other ...
Read moreDetailsWho knew a Canadian Stablecoin could be so… fun? Okay, so maybe “fun” isn’t the first word that comes to mind when you think about stablecoins (unless you’ve just tried explaining them to your grandma). But if you’re tired of endless headlines about sketchy tokens and regulators raining on every ...
Read moreDetailsCanadian 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 ...
Read moreDetailsThe 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, ...
Read moreDetailsCanada’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 ...
Read moreDetailsAccording 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 ...
Read moreDetailsCanada 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 ...
Read moreDetailsHIVE 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 ...
Read moreDetailsMark 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 ...
Read moreDetailsThe 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 ...
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