Category: Canada
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OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume and real trading in bitcoin exist, and it is not the…
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ICOs Are Dead But ICO Scammers Are Immortal
[youtube https://www.youtube.com/watch?v=LNSaOd1Y_kQ&w=560&h=349] The initial coin offering may have all but died, but the ICO scammer marches on regardless. Whereas legitimate projects have to wrangle with all kinds of challenges including the strength of the market, generating value for investors, creating a real product and actually delivering on the promises they make, the soulless scammer is…
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Bitcoin.com Partners with Canadian Gaming Giant Bravio Tech on Global Lotteries
Following on from its landmark partnership with HTC, Bitcoin.com has partnered with Canadian gaming and lottery giant Bravio Technologies. The partnership will see Bitcoin.com increase its Bitcoin Cash reach into international lotteries, one of the world’s most lucrative industries. The new platform is to be developed by Bravio and will be hosted by Bitcoin.com. Users…
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FOIN Allows Merchants to Accept Crypto Payments In-Store
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with…
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How G20 Central Bank Digital Currencies Are Progressing
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will be introduced. Also read: Central Banks Worldwide…
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Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated
Three months ago, Bitcoin.com launched its over-the-counter BCH marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, hundreds of bustling users every day and thousands of BCH trade offers. Also Read: Plans to Build $50M Bitcoin Cash Tech Park Revealed 56,000 Local.Bitcoin.com Accounts and Growing Over the last few months, the…
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Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft cryptocurrency bill. Also…
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More Cities and Regions Accepting Coins for Taxes, Services
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. More…
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Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize the surplus to mine cryptocurrencies. This new business is growing…
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US City Plans SLP Token and Canadian Platform Adds BCH in the Bitcoin.com Weekly Video
[youtube https://www.youtube.com/watch?v=mZoe84xmfpw&w=560&h=349] An American city is planning to launch its own SLP token and a Canadian trading platform adds support for BCH pairs. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel. Also Read: Bitcoin Cash ETP Lists on Leading Swiss Stock Exchange American City Plans to Create Local…