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News The cryptocurrency mining operations of mining firm Bitfarms are still expanding despite complaints of the residents of the city of Sherbrooke, Quebec. Local news outlet CityNews reported on Nov. 20 that residents living near the site of the firm’s mining operations are complaining about the ..
News The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news. Last week, rumors that the RBC was exploring the possibility of launching its own crypto..
News Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release. The new system, which was developed in collaboration with blockchain company DLT Labs, is designed to ..
Canada’s largest bank by market capitalization has applied for four new patents that suggest the company could be aiming to launch cryptocurrency services. That’s per Canadian trade publication The Logic, which reported this week that the Royal Bank of Canada (RBC) has filed for a spate of new pate..
News A Canadian bank, which banned its clients from buying Bitcoin (BTC), could now become the first in the country to launch a cryptocurrency exchange. As innovation economy news outlet The Logic reported on Nov. 11, the Royal Bank of Canada (RBC) is now rumored to be considering the plans. RBC ..
News Canadian blockchain research firm Blockchain Venture Capital Inc. (BVCI) has officially launched a United States dollar-pegged stablecoin, the CUSD, according to a press release published on Nov. 11. The new USD-anchored stablecoin comes four months after the firm launched CADT, a stablecoin ..
It appears Bitcoin is a demographic megatrend in Canada according to the details of a recently published study by the country’s central bank. The survey is reportedly part of the Bank of Canada’s plan to examine the risks posed by virtual currencies on the country’s current financial system. Meanwh..
The Canadian cryptocurrency space was just dealt another blow with the news that a Vancouver-based exchange has just bit the dust, having had an unfortunate run-in with local regulators. This marks the latest collapse of a relatively well-known Canadian Bitcoin exchange in the past year. Ouch.Ei..
News Regulators in the Canadian province of British Columbia have shut down the Vancouver-based Einstein cryptocurrency exchange. In a press release on Nov. 4, the British Columbia Securities Commission (BCSC) reported that it had taken action against the Einstein cryptocurrency exchange, which ap..
Analysis Recently, Canada’s central bank has been leading working groups with global partners exploring a blockchain future. Their crypto presence has soared with Ernst & Young’s announcement that it is using Toronto to test its public government expenditure blockchain. But what is the cryptocurre..