Stablecoins
Circle balances compliance in Canada with operational efficiency through staff layoffs
Circle's USDC is the first major stablecoin to comply with Canada's regulations for digital assets.
Oluwapelumi Adejumo 2 min read
Canada Crypto News
Policy developments, ETFs, mining, and innovation shaping Canada’s digital asset landscape.
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Top Canada Stories
AI
Canadian media giants sue OpenAI over ChatGPT’s alleged copyright violations
Canadian media outlets are seeking protection against unauthorized use of content amid rising AI disputes in their lawsuit against OpenAI.
Adoption
Vancouver mayor eyes Bitcoin to bolster city reserves against economic shocks
Vancouver Mayor Ken Sim believes Bitcoin could hedge against inflation and strengthen financial reserves.
Latest Canada Crypto News & Analysis
Exchanges
Gemini to exit Canadian market by end of 2024 amid regulatory shifts
Canada's securities regulator recently extended the compliance period for crypto platforms to the end of the year.
Crypto
KPMG survey reveals significant uptick in institutional adoption of crypto in Canada
Direct ownership of digital assets has more than doubled since 2021, with 75% of investors now holding these assets compared to 29% two years ago.
Mining
Bitfarms expands Bitcoin mining hashrate to 7 EH/s with Quebec upgrades
The company introduced over 5,000 devices in two locations.
Mining
Bitcoin miner Argo Blockchain sells Quebec site for $6.1 million amidst declining BTC production
Argo blamed its falling Bitcoin production on increasing network difficulty and outage at a third-party facility.
Trading
Crypto funds break 11-week hot streak of inflows with $16M net outflows, amid record $3.6B traded
CoinShares reports minor outflows in cryptocurrency funds overshadowed by persistent high trading volumes and equity investments.
Investments
Crypto investment products hit $46B AUM maintaining record 10 week inflow streak
Crypto investment products have recorded $1.76 billion worth of inflows during the past 10 weeks.
More Canada Crypto News Headlines
ETF
Canada and Germany dominate crypto ETP inflows as record $346M added to funds
ETF
Canadian asset manager 3iQ will begin staking the ETH in its Ethereum ETFs
Interview
Missionaries, mercenaries, and pragmatists: Alex Tapscott’s new book makes the case for Web3
Regulation
