Canada is a country in North America with a constitutional monarchy form of government. It is the second largest in terms of territory and one of the richest countries in the world as far as the average income per person. Currently, it is a decent place for the crypto industry as the government supports all investigations into and developments of the blockchain technology. Also, Canada’s cryptocurrency regulation is not supposed to tighten in terms of control and taxing of transactions made through virtual currencies. In addition, in July 2017, the British Columbia Security Commission provided registration to an investment company which offers services related to Bitcoin and digital assets. In Canada, cryptocurrency trading is absolutely legal and available with a wide range of exchange ATMs.
Raising $10 million out of $117 million to date, INX expects to finish the IPO by year’s end.
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Canada's central bank recognizes that CBDCs are a necessarily international issue.
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Shares of Canada’s first publicly listed Bitcoin fund are up 30% since its launch in April.
Canada’s first public Bitcoin fund hits $100M mark
The winning candidate's primary task will be to monitor the latest developments related to electronic money, but also research “the development of a CBDC”
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Winklevoss brothers-founded Gemini powers the first regulated crypto exchange in Canada.
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Unlike China, Sweden, and Canada, Australia is reluctant to issue a CBDC.
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