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Bank of Canada seeks public input on CBDC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Bank of Canada has initiated an online public consultation to gather opinions on the characteristics of a digital Canadian dollar. The consultation, which started on May 13th, will remain open until June 19th. A rapid shift towards digital payments In recent […]
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OKX plans to wind down business in Canada

Crypto exchange OKX emailed consumers in Canada that the company would no longer offer services or enable users to establish new accounts in the country. The rules will apply from March 24, 2023. The exchange cited new regulations as the reason for the shift. Withdrawals from OKX will continue to be accessible, the exchange noticed. 🔔 OKX […]
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Canada goes hard on algorithmic stablecoin issuers

Stablecoins backed by fiat currencies may be exempt from regulation provided their reserves are liquid and undergo monthly audits, according to Canadian watchdogs. This comes as s new report by the CSA reveals a new set of guidelines for crypto entities, most of which were directed to stablecoin issuers. The Canadian Securities Administrators, comprised of securities […]
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