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.
Bitcoin could be part of a basket of reserve alternatives to the U.S. dollar, according to Stephen Harper.
Former Canadian prime minister names Bitcoin as possible reserve currency
3iQ’s Bitcoin QBTC fund has surged 900% in market cap since October 2020, breaking a $1 billion milestone.
Canada’s first public Bitcoin fund hits $1 billion
Winklevoss’ Gemini Trust will act as a sub-custodian for the new Arxnovum Bitcoin ETF in Canada.
Arxnovum files Bitcoin ETF application with Canadian securities regulators
Digital asset investment managers 3iQ introduced ETH market exposure to Canada’s stock traders and investors on Thursday.
World-first Ether ETF debuts in Canada… With a trading halt
A vast number of nations, including many G-7 members, want more rules for crypto.
World governments agree on importance of crypto regulation at G-7 meeting
First conceived by Vitalik Buterin in Ontario, Ethereum is now available to Canadians in the form of a fund on the TSX.
Ethereum fund to debut on the Toronto Stock Exchange
COVID-19 could force the Bank of Canada to launch a CBDC sooner than previously expected.
Canada could launch CBDC sooner than expected, central bank exec says