Canada


Policy

Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

Former BitMEX CEO Arthur Hayes

Finance

Mining Firm Hut 8 Reports 28% Drop in Q2 Revenue Following Bitcoin Halving

Bitcoin mining firm Hut 8 reported a sharp drop in revenue. However, the rising value of the firm's BTC holdings helped it finish the quarter in the black.

Máquinas de minería de bitcoin (Shutterstock)

Markets

Wealthsimple, Robinhood of the North, Jumps Into Canada’s Crypto Sandbox

The millennial-friendly investments app is working with regulators on its upcoming bitcoin and ether trading service.

Wealthsimple caters to millennial investors with the same zeal as its southern peer. (Wealthsimple)

Policy

Coinsquare Exchange Execs to Resign Over Wash Trading Scandal

In a settlement with the Ontario Securities Commission, three seniors executives at the Canadian exchange agreed to step down and pay penalties over fake trades.

Cole Diamond, CoinSquare CEO (Brady Dale/CoinDesk)

Markets

Canadian Government Paid Justin Trudeau Family Member to Talk at Blockchain Event

Canadian politicians are seeking answers after the half-brother of the prime minister was paid by the federal government to speak at a blockchain conference.

Justin Trudeau (Art Babych/Shutterstock)

Policy

Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals

The Bank of Canada is preparing to design its own central bank digital currency (CBDC), detailing its plans in a new job posting.

Bank of Canada

Finance

Hut 8 Mining Revenue Continues Decline in Q1

Hut 8's Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements.

Coinmint, a crypto data center in upstate New York, is set to host a portion of new miners from Riot’s Oklahoma City facility. (Credit: Shutterstock)

Videos

Deputy Governor Timothy Lane Talks About Canada’s Crypto Plans

Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank.

CoinDesk placeholder image

Finance

Hut 8: The Struggles of One of Canada’s Largest Miners

CoinDesk Research presents an in-depth look into one of the largest publicly listed mining companies, Hut 8.

Hut 8 plant

Markets

$14M Bitcoin Fund Gets Listed on Toronto Stock Exchange

The listing comes after 3iQ spent several years in dialogue with the Ontario securities regulator.

Toronto Stock Exchange