Search Results for: ADA

Kraken Reaffirms Commitment to Driving Crypto Adoption in Canada

Pre-registration undertaking with Ontario Securities Commission reinforces long-term commitment to Canadian market TORONTO–(BUSINESS WIRE)–Kraken, one of the world’s longest-standing and most trusted crypto platforms, announces it has filed a pre-registration undertaking with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer across Canada. This undertaking demonstrates

March 30, 2023 3 mins read

Canada Proposes Declaration of Crypto Exposure by Pension Plans

As Ottawa tightens its regulatory monitoring of the volatile crypto sector. The Canadian federal government said that federally regulated pension plans in the country would be required to report their exposure to crypto assets to the Office of the Superintendent of Financial Institutions (OSFI). Under the proposed 2023 budget proposal.

March 29, 2023 1 min read

TrustSwap CEO Jeff Kirdeikis Slams Canadian Regulators

UK and Canada Reportedly Planning Stringent Crypto Rules Amid SEC Fiasco

The U.S. Securities and Exchange Commission (SEC) seems stubborn. In order to make it more difficult for cryptocurrency firms to operate in the United States and beyond. It’s no secret that SEC chair Gary Gensler isn’t a fan of the cryptocurrency market. Under his watch, the agency has taken a

March 25, 2023 2 mins read

Whales Acquire 560 Million ADA Worth Approx $218M Over 2 Weeks

Cardano (ADA) Price Records a 12% Surge in 24H

Bulls at the current frontier are leading major price rallies in the global crypto market. Significantly, the price of Cardano (ADA) jumped 12% in the last 24 hours to the range of $0.38. At press time, the price of Cardano hovered above the 50-moving average (50MA), pointing out the bullish

March 22, 2023 2 mins read

Crypto Exchange OKX Exits Canada Market Citing Regulatory Concerns

Several cryptocurrency companies have rethought their strategies and even pulled out of certain countries due to the regulatory uncertainty that has plagued the crypto business in recent years. One recent instance of this pattern is the news that cryptocurrency exchange OKX would stop operating in Canada as of June 22,

March 20, 2023 1 min read

Stablecoin Providers Adapt to Changing AML Landscape in Crypto

As the world of cryptocurrency and stablecoins continues to evolve and gain mainstream adoption, the importance of implementing effective anti-money laundering (AML) practices becomes increasingly crucial. By adhering to AML regulations and guidelines, the crypto industry can establish greater credibility and trust among investors and regulators, ultimately leading to a

March 11, 2023 5 mins read

Canada To Impose Tighter Laws For Exchanges Post U.S SEC Crackdown

Regulation authorities in Canada are preparing to impose tighter laws for exchanges in the nation, only days after the U.S. Securities and Exchange Commission (SEC) imposed limitations on crypto-related activity. The Canadian Securities Administrators (CSA) are said to be drafting new regulations. That cryptocurrency exchanges operating in Canada will have

February 17, 2023 1 min read

Dalrada’s Strong Revenue Generation Includes 23% Growth to $5.3 Million During the Second Quarter of Fiscal 2023

SAN DIEGO–(BUSINESS WIRE)–Dalrada Corporation (OTCQB: DFCO, “Dalrada,” the “Company”), a problem-solving innovator that takes on complex, multi-disciplinary global challenges in clean energy, precision manufacturing, and technology, announced today its financial results for the second quarter of Fiscal 2023, ended December 31, 2022. During Q2 2023, total revenue grew $1 million—a

February 15, 2023 5 mins read

Cardano (ADA) Stablecoin Djed Will Go Live Next Week

The launch of Stablecoin on the Cardano (ADA) network is much anticipated by ADA holders. According to the COTI blog, the company is collaborating in the development of the stablecoin on the ADA blockchain, which is expected to emerge in the coming weeks. The debut date is currently unknown, however,

January 27, 2023 2 mins read

Canada’s ATB Financial Adopts smartTrade’s Leading FX Solution

CALGARY & TORONTO–(BUSINESS WIRE)–#FX—smartTrade Technologies announced today that Alberta-based ATB Financial, the largest financial institution in the province of Alberta, has adopted smartTrade as its client-facing foreign exchange (FX) web platform. smartTrade is a global provider of multi-asset electronic trading platforms supporting foreign exchange, fixed Income, crypto and derivatives with

January 26, 2023 2 mins read