Canadian city sets to supply residents heat using energy from Bitcoin mining
North Vancouver announced it will become the world’s first city to be heated almost completely by bitcoin mining, the recovered energy will be used to heat 100 residential and commercial buildings with a population of roughly 155,000. Starting in 2022, MintGreen, a cleantech cryptocurrency miner based in Canada, will join with the Lonsdale Energy Corporation […]
Evolve Funds Group launches Canada’s first multi-crypto ETF
Evolve Funds Group, a Canadian exchange-traded fund (ETF) provider, has launched the country’s first multi-crypto ETF that is pegged to both Bitcoin and Ethereum on the Toronto Stock Exchange. The Evolve Cryptocurrencies ETF will first invest in Bitcoin ETF (“EBIT”) and Ether ETF (“ETH”) and will trade under the tickers ETC (CAD Unhedged Units) and […]
CSA cautions against ‘gambling style’ advertising and marketing in guidelines for crypto enterprises
The Canadian Securities Administrators (CSA) have published instructions for crypto trading platforms operating in Canada to avoid “advertising and marketing materials that could mislead investors.” According to CSA chair Louis Morisset, “misleading advertisements and improper marketing strategies may encourage investors to take risks they would otherwise avoid.” The Canadian authorities’ instructions issued on Thursday caution […]
Canadian politician declares his support for Bitcoin as federal election looms
As part of the pandemic response, the former Canadian cabinet minister, sometimes known as Mad Max, has been vociferous in his opposition of vaccination requirements, face mask mandates, and lockdowns implemented in Canada. In a recent interview, Maxime Bernier, the founding and current leader of the People’s Party of Canada , expressed his support for […]
OKEx operators have violated the securities law – Canadian regulator
The Canadian financial regulators have stated that OKEx crypto exchange and Aux Cayes Fintech company have broken the securities law in the province and may be brought to face regulatory actions. The Ontario Securities Commission stated that Aux Cayes FinTech Company Limited, a legal corporation based in the Republic of Seychelles and the operator of […]