Tag Archives: bitcoin

Canada’s first regulated custodian of crypto assets: The Calgary fintech startup Tetra Trust

As the world becomes increasingly open to the currency of the digital world, there’s good news for crypto enthusiasts in Canada. On July 5th, after over an 18 month-long period, a small financial technology startup based in Calgary got approval to provide custody services of cryptocurrency to its institutional investors.  The decision by the Alberta … Continue reading Canada’s first regulated custodian of crypto assets: The Calgary fintech startup Tetra Trust

Nova Scotia’s Crypto owner’s Exhumation Is Requested

Lawyers of Quadriga CX’s users are requesting Canadian government to do the exhumation of late Gerald Cotten to make sure it’s really him. Last year Cotten has passed away while on a trip to India. He ran the biggest crypto fund in Canada. He was the only person in his company who knew the password … Continue reading Nova Scotia’s Crypto owner’s Exhumation Is Requested

Vancouver Potentially Cracking Down on Bitcoin ATMs

Police in Vancouver say that Bitcoin ATMs are used for money laundering and must be stopped. Vancouver Mayor agrees with them. Bitcoin users say that federal rules need to be set for bitcoin across Canada. Unlike banks and money lending services, bitcoin machines are not covered by federal anti-money-laundering regulations. “Regulate the use and operation … Continue reading Vancouver Potentially Cracking Down on Bitcoin ATMs

Nova Scotia Crypto-Exchange Can’t Pay Investors $250m after its CEO’s Death

Canadian firm Quadriga CX based in Nova Scotia says it will not be able to pay its customers and investors the $250m because its CEO, Gerald Cotten, died while on a trip to India. The company says Cotten was the only one who knew the passwords and security keys to the company’s funds. The Supreme … Continue reading Nova Scotia Crypto-Exchange Can’t Pay Investors $250m after its CEO’s Death

Quebec Cracks Down on Cryptomining

Quebec is putting breaks on cheap energy to cryptominers after initially selling their energy at dirt cheap rates, that would make Quebec’s neighbor to the East jealous. Quebec has allowed rates of 5 cents per kw hour to be sold to energy hungry miners. Where as rates for electricity in neighbouring Ontario for local residents … Continue reading Quebec Cracks Down on Cryptomining

Quebec Considers Restrictions Against Cryptominers

Government of Quebec has finally woken up by putting a stop on cryptomining in Quebec by temporary suspending sale of electricity to miners of crypto currencies. Quebec’s super cheap hydro rates attracted hundreds of crypto-miners from around the world. China and South Korea have recently banned mining and threaten companies to cease all operations. As … Continue reading Quebec Considers Restrictions Against Cryptominers

KFC Started To Accept Bitcoin in Canada (no punch line)

Get your bitcoins – fried chicken is waiting for you. It will cost you .0011204 BTC to get a bucket which includes 10 Original Recipe Tenders, Waffle Fries, Med Side, Med Gravy and 2 Dips. You can invest your hard earned mined bitcoins into something that will definitely be finger licking good. Yes this is … Continue reading KFC Started To Accept Bitcoin in Canada (no punch line)