The Ontario man has had $2 million worth of property seized by the authorities. About 140 investors have come forward with information to help in the case. Canadian trader and self-proclaimed “Crypto King” Aiden Pleterski, age 23, is being sued for failing to repay at least $35 million to investors.
Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with authorities. Justin Hartzman co-founded CoinSmart and has served as its CEO. After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying. Thursday, Coinsquare
The customer’s ability to make net purchases may be restricted in certain cases. The cap limit does not apply to 4 major cryptocurrencies. In order to comply with rules, Canadian cryptocurrency exchanges have implemented procedures to restrict yearly purchases of crypto assets to CAD 30,000 (USD 23,250), with the exception
Bitcoin touched its $21,000 level after one year. Canada has 1.2 million cryptocurrency users. In 2021, Canada witnessed the wider cryptocurrency adoption which recorded a double increase in Bitcoin (BTC) use. According to the Bank of Canada’s latest report, which was released on June 9, 13% of Canadians owned Bitcoin
Canada stops all crypto transactions of Freedom Convoy protestors. Crypto funding of $10 million, fundraising page down. Residents of Ottawa claim compensation. The Freedom Convoy started on January 22, 2022 and still is going on, with further no proper response from the Canadian government. The Freedom Convoy is actually a
Brian Powell, criticized the government’s response to the demonstrators’ acts. CEOs are legally obliged to conduct Know Your Customer (KYC) checks. Bitcoin and other cryptocurrencies are still being used to support demonstrators in Canada. For some of the demonstrators, Prime Minister Justin Trudeau’s recent invocation of the Canada Emergencies has
The industry’s market capitalization now stands at $2.07 trillion. Canada’s Trudeau government enacted the emergency power act. The market has awakened to the sight of steadily increasing green numbers on the charts. While the price of Bitcoin has stabilized by over $44,000, the price of ETH has regained almost $3,000
But the newest development shows that Binance’s worldwide expansion plans. Binance has been on a rollercoaster ride in 2021. It’s been a busy year for Binance. The world’s biggest crypto exchange has received an MSB license from Canadian regulators to sell cryptocurrency services. It also received in-principle clearance from Bahrain’s
The biggest Bitcoin ATM operator on the planet has announced it will be spreading majorly into Circle K areas in Canada and the United States. Bitcoin Depot reported today that more than 700 of its Bitcoin ATM machines had effectively been introduced. The introduction is at Circle K corner shops
A central bank cryptocurrency is most likely required for a competitive digital economy, the Bank of Canada said in a staff paper released on Tuesday. A CBDC would give purchasers a non-bank choice to store their money hazard-free. Thus, expanding the contest on the lookout for retail stores, contend the
