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.
An uncertain regulatory climate has led cryptocurrency mining companies to seek opportunities elsewhere, rather than in Quebec.
Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?
Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
Six Major Central Banks to Collaborate on Digital Currency Research
A Canadian teenager has been charged with participating in a crime ring that stole over $50 million in cryptocurrencies, targeting Consensus 2018 attendees.
Canadian Teen Charged for $50 Million Cryptocurrency Theft
The Canadian Securities Administration has issued new guidance that determines which digital currency trading platforms fall under derivatives law.
Canadian Regulator Issues New Guidance for Cryptocurrency Exchanges
Tech company DMG Blockchain Solutions has installed 1,000 new Bitcoin mining machines at its facilities in British Columbia, Canada.
Canada’s DMG Blockchain Installs 1,000 New Bitcoin Mining Rigs for US Client
The North American Securities Administrators Association says cryptocurrency investment schemes are one of the top investor threats in 2020.
Securities Regulator Says Crypto Investments Are Top Investor Threat in 2020
Law firm Miller Thomson wants to exhume the body of Gerald Cotten, the deceased owner of now-defunct Canadian crypto exchange QuadrigaCX.
QuadrigaCX Victims Request Proof of Gerald Cotten’s Death by Exhuming Body