Category: Canada
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Canada’s First Bitcoin Fund Debuts on NEO Connect, Opens to Accredited Investors
The notion of a Bitcoin ETF may have become retail investors’ lifeline, fixing the spotlight firmly on every move of the ubiquitous financiers of Wall Street. Meanwhile, just north of the border, Canadians are witnessing the launch of the nation’s first Bitcoin fund, an ETF-style onramp for the country’s largest investors. A product of Canada’s…
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Exchanges Roundup: Startup Targets Crypto Micro-Investments, Kraken Denies Halifax Closure
In recent news pertaining to cryptocurrency exchanges, Perth-based Bamboo has announced it will launch an app designed to easily facilitate micro-investments in cryptocurrencies, Kraken has rejected an internet rumor that claimed the company had closed a Canadian facility amid security concerns, and Roboforex has increased the leverage available on its cryptocurrency markets to 1:50. Also…
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The Daily: Revolut to Launch in North America, US Startup Presents Telegram Alternative
Digital bank Revolut is planning to expand its operations in America and Russia. Also, payment card provider Fuzex signs an agreement with Dash, a US-based startup offers an alternative to Telegram, and crypto firm Smart Valor receives approval as a financial operator in Switzerland. Also read: Robinhood Aiming for IPO, Dodgers to Give Away Crypto…
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Kucoin Expands Into Australia After $3M Bitcoin Australia Deal
Kucoin is expanding into Australia after it agreed to invest $3 million in Bitcoin Australia. The deal is seen as a win-win for both cryptocurrency exchanges, each seeking to expand into its own direction – Kucoin establishing a niche in the rapidly growing Australian market. Bitcoin Australia is targeting the UK next. Also read: As…
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21,000 New Locations Across Canada, Europe, Australia to Purchase Bitcoin Cash
Netcoins, an over-the-counter (OTC) brokerage and virtual ATM software company, announced this week it was enabling bitcoin cash (BCH) for immediate access purchase. For BCH enthusiasts, that’s 21,000 locations, covering Canada, Europe, and Australia where the decentralized currency is now available. Also read: Square’s Big Week: Crypto Patent, Shares Leap, and Lightning Plug 21,000 New…
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Report: Miner Spends Only $1567 per Bitcoin
Electricity is the number one cost for cryptocurrency mining, giving an edge to whoever can secure it for the lowest price. Bitfarms, which has access to cheap renewable energy in Canada, reports that mining a single BTC cost the company just $1567 in the first half of the year. Also Read: The Daily: Huobi Nears…
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Operation Cryptosweep: 200+ Crypto Cases in North America, 46 Enforcement Actions
North American regulators have revealed that more than 200 cryptocurrency-related cases are being actively investigated, with 46 enforcement actions taken. The coordinated efforts by over 40 jurisdictions in the U.S. and Canada are part of Operation Cryptosweep, aimed at cracking down on unregistered and fraudulent crypto-related investment products. Also read: Yahoo! Japan Confirms Entrance Into the…
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Canadian College to Launch Blockchain Developer Program
With rising blockchain integration, industries across the board are facing a shortage of software engineers familiar with the space. To meet growing demand, Canada’s George Brown College is launching a blockchain development program for incoming students. Comprehensive Certificate Program in Blockchain George Brown College will become the first Canadian college to offer a comprehensive certificate…
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Canadian Crypto Exchange Coinsquare Expanding Into European Market
One of Canada’s largest cryptocurrency exchanges, Coinsquare, is expanding into the European market. This is the exchange’s first international expansion under its own brand. Its previous expansions were through partnerships with other companies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space European Expansion Ontario-based cryptocurrency exchange Coinsquare announced on Thursday, August 23, its plan…
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Canadian Government Debuts Ethereum Blockchain Explorer
Canada’s National Research Council has launched a new Ethereum blockchain explorer for public use, according to a press release. Canada’s Move Toward Transparency The development is one of the world’s first instances of a country building an explorer platform, and the new blockchain explorer will be used to provide the public transparency to government frameworks, specific…