Quebec


Finance

CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits

Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.

(Aoyon Ashraf/CoinDesk)

Finance

Canadian Energy Provider Hydro-Quebec Proposes Stopping Electricity Supply to Blockchain Industry

The utility asked Canada's energy regulator to suspend the allocation of 270 megawatts that had previously been planned for blockchain industry in Quebec.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)

Finance

Bitcoin Miner Canada Computational Unlimited to Go Public

The company is set to trade on the TSX Venture Exchange in Toronto under the ticker symbol “SATO.”

Quebec

Markets

Quebec Weighs Plan to Sell 500 Megawatts to Crypto Miners

Hydro-Quebec has submitted to the Quebec government the main guidance to select crypto companies to work with.

Credit: Shutterstock

Markets

Quebec's Chief Scientist Denies Dismissing Crypto Concerns

Reports this week erroneously suggested that Quebec's Chief Scientist dismissed concerns about the illicit usage of bitcoin, his office said.

quebec, parliament

Markets

Quebec Pushes Hydropower Utility to Halt New Bitcoin Mines

Quebec is temporarily suspending new cryptomining operations from setting up facilities in its low-cost power region.

13valves

Markets

'Hundreds' of Crypto Miners Said to Be Descending on Quebec

Hydro-Quebec may charge an industry-specific rate to crypto mining farms to deal with overwhelming demand for Quebec's cheap energy resources.

hydro electric dam

Markets

Quebec Lures Cryptocurrency Miners as China Sours on Industry

Cheap and abundant electricity, cold weather and a stable political climate are making the Canadian province attractive to bitcoin mining operators.

Quebec

Markets

Canada Court Holds ICO Organizer in Contempt

A Canadian court ruled against the organizer of an ICO after it was alleged that they repeatedly violated orders to cease soliciting investors.

Justice

Markets

ICO Ban? Canada's Regulators Are Giving One Token Sale a Big Break

An ICO startup has been accepted into Quebec's regulatory sandbox, demonstrating how regulators there want to accommodate the burgeoning industry.

match, burn

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