Tag: canada

Aug 02 2021

Blockchain Company DMG Invests $2 Million in Bosonic’s Crypto Trading Platform

The company’s latest investment is a strategic initiative focused on the institutional adoption of digital currencies.

Jul 27 2021

Why Aren’t More Bitcoin Miners Setting Up Shop In Canada?

As more bitcoin miners migrate from China, they are hesitant to set up shop in Canada, despite abundant energy and a cool climate. But why?Canada seems to offer many of the advantages for successful bitcoin mining — lots of stranded renewable energy (mostly hydro), a cooler climate (which is easier on equipment) and a lower fiat currency value (more competitive than the...

Jul 09 2021

Jul 01 2021

Hut 8 Buys 11,090 New Bitcoin Mining Rigs For $44 Million

North American bitcoin mining company Hut 8 has purchased 11,090 rigs for $44 million to complement an earlier purchase of 863 machines.Hut 8 Mining Corporation has announced a $44 million purchase of 11,090 WhatsMiner MicroBT M30S, M30S+ and M31S bitcoin mining rigs from Hong Kong-based company SuperAcme Technology.The purchase complements an earlier one of 863 M30S+ and M30S miners, which Hut...

Jun 28 2021

Jun 23 2021

First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange

Jun 23 2021 Published at Bitcoin Magazine under tags  canada dubai fund markets middle east

The Bitcoin Fund has become the first bitcoin investment fund to trade in the Middle East after being listed on the Nasdaq Dubai exchange.The Bitcoin Fund, a Canadian, closed-end bitcoin investment fund, became the first of its kind to trade in the Middle East after being listed on the Nasdaq Dubai Exchange, reported...

Jun 22 2021

The First Pro Sports League In North America To Pay Athletes In BTC Is Here

Jun 22 2021 Published at Bitcoinist.com under tags  basketball bitbuy bitcoin canada canadian

Canada might not be known for crypto, or for basketball, but recent news could be changing that. The Canadian Elite Basketball League (CEBL) is becoming the first professional sports league in North America to adopt bitcoin as a method of payment for player salaries. The move is part of a league partnership with Canadian crypto platform Bitbuy, who will process the transactions....

Jun 21 2021

Canadian Basketball League To Pay Players In Bitcoin

Jun 21 2021 Published at Bitcoin Magazine under tags  business canada payments sports

The Canadian Elite Basketball League will allow players to receive portions of their salaries in bitcoin, through a partnership with Bitbuy.The Canadian Elite Basketball League (CEBL) announced that it will allow its players to receive a...

Canada’s Basketball League to Offer Salaries in Bitcoin

CEBL will enable Bitcoin payments through a partnership with Bitbuy.

Jun 09 2021

Canadian Regulator Warns KuCoin for Securities Law Violation

The crypto exchange operates in the country through its incorporations in Seychelles and Singapore.

Jun 04 2021

Small And Medium Businesses Can Have Bitcoin In Their Balance Sheets. A Story.

Institutional adoption is not exclusively for big corporations. In fact, small and medium businesses would benefit tremendously from a Bitcoin strategy. Following Senator Cynthia Lummis, who’s scheduled to talk at the Bitcoin 2021 conference this weekend, we stumbled upon the story of Tahinis Restaurants. A chain of four restaurants in Ontario, Canada, that’s on the verge of becoming a franchise. And they’re all...

May 19 2021

May 13 2021

Argo Blockchain Acquires 2 Data Centers in Canada

Together, these data centers can generate 20MW of power.

Apr 22 2021

Olympia Trust, Knox Partner On Bitcoin Custody Service

Olympia Trust Company expects to receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox.Olympia Trust Company, a Canada-based, non-deposit-taking trust company, will soon receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox,...

Apr 20 2021

Bitcoin ETF of CoinShares and 3iQ Starts Trading In Canada

BTC ETF started trading on the Toronto Stock Exchange under the symbol of BTCQ.

Apr 16 2021

Canada Approves World’s First Regulated Ethereum ETF

The ETF will offer three classes of units: two in CAD and one in USD.

Apr 15 2021

Mar 29 2021

Canada Provides Additional Guidance on Regulation of Crypto Exchanges

The proposed regulatory framework includes mandatory licensing for certain cryptocurrency trading platforms.

Mar 24 2021

Cryptocurrency Scams in Canada Jump 400%

The police department advised people not to share personal information and do proper due diligence.

Mar 21 2021

Crypto.com Unveils Crypto Tax Feature for Canada

Advancing in its mission to facilitate global crypto adoption as well as foster the transition from fiat to cryptocurrency, leading cryptocurrency exchange Crypto.com has unveiled a new feature that makes it easier for Canadians to file crypto taxes. Announcing the new initiative via an official blog post, Crypto.com noted that the...

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