The past actions of bad actors has forced the country's regulators to take a tough stance on crypto exchanges.
Canada News

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Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022.
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Daniel Roberts, Iris Energy co-founder, said the firm had energized the facility on time “despite the current market backdrop and ongoing international supply chain challenges.”
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A busker in British Columbia got a lesson in the Lightning Network after a passerby offered to send some Bitcoin his way.
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A report that argued for decentralized models to help scale Bitcoin eventually became the basis for the book proposal.
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The long-term objective for the company is to examine other potential metaverse use cases such as health care, consumer, retail, media and financial services.
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Canadian investors represented a hefty $487.5 million worth of outflows for crypto investment products, with the figure partially offset by $70 million worth of inflows from five other countries.
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“Bybit responded to the OSC’s enforcement action, maintained an open dialogue, provided requested information, and committed to engaging in registration discussions,” said the OSC.
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Kareem Sadek and Kunal Bhasin said the team had seen “a lot of momentum” around the tokenization of assets but was also considering the potential growth of NFTs and the Metaverse.
1434 - Market Analysis
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend.
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The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022.
2446 - Interview
Here’s how the co-founder of a Middle Eastern restaurant convinced his colleagues to upgrade their franchise to a Bitcoin standard.
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The Bitcoin spot ETF added to its holdings over the past five days, offering a positive sign that buyers were stepping in to take advantage of lower prices.
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China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
7982 - Markets News
It's a polarizing world in institutional Bitcoin offerings this week as Grayscale's CEO remains convinced demand will return.
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