Canadian Regulatory Clarity: A Magnet for Institutional Investors to Cryptocurrency!
A Surge in Crypto Interest by Canadian Financial Institutions – CEO of WonderFi Explains A recent conversation with Dean Skurka, the CEO of WonderFi, at the Blockchain Futurist conference in Toronto unveiled an unfolding story. He shared insights on the growing interest of Canadian financial institutions in cryptocurrency. According to him, this shift is due […]
Coinbase Takes Canada by Storm, Aiming to Make it Global Leader in Thriving Crypto Economy!
The Nasdaq-listed cryptocurrency exchange, Coinbase, has now officially launched in Canada, bringing a host of new offerings aimed at making cryptocurrencies more available to the large Canadian population. This move has been seen as a strategic one, with a Coinbase executive stating that “Canada is excellently positioned to emerge as a global leader in the […]
Binance Exits Canada Amid Regulatory Standoff: Crypto Exchange Shifts Operations in Response
Global digital asset exchange Binance has announced its decision to cease operations in Canada due to the challenging regulatory environment in the nation. In a tweet, the company expressed its disappointment, stating that new guidance related to stablecoins and investor limits provided to crypto exchanges has made the Canadian market no longer tenable for Binance. […]
Breaking: dYdX Exits Canadian Market Amid Legal Hurdles; Abrupt Departure on April 14
Decentralized exchange and lending platform dYdX announced that it would cease operations in Canada on April 14, citing regulatory hurdles as the main reason for the decision. The move came as a surprise for the cryptocurrency community in Canada and has raised concerns over the increasing scrutiny by authorities on cryptos and other decentralized finance […]