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.
From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses.
Cryptocurrency Firms Now Recognized as Money Service Businesses in Canada
Canada-based York University will start two new blockchain education programs in September 2020 in order to meet rising demand for professionals in the field.
Canadian University Adds Two Blockchain Programs to Meet Job Demands
Toronto-based cryptocurrency exchange teams up with a local security firm to offer full security against “the unthinkable”.
Canadian Exchange Bitbuy to Offer 1:1 Bitcoin Deposit Insurance
After expansion across Europe, Crypto.com is now set to roll out its MCO Visa Cards in Canada.
Crypto.com to Expand Its MCO Visa Card Service to Canada
Mike Novogratz’s Galaxy Digital has been accepted into the Toronto Stock Exchange’s sandbox, with hopes of graduating onto its senior platform after 12 months.
Galaxy Digital Secures Listing on Top Canadian Stock Exchange via Sandbox
QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies.
17,000 Creditors Hope to Recover Assets Lost to Defunct Exchange QuadrigaCX
Viewers polled at Consensus: Distributed believe Gerald Cotten from the defunct crypto exchange QuadrigaCX may still be alive.
Most Crypto Users Think QuadrigaCX CEO Faked Own Death