Canada | ForkLog

ForkLog 14 18.03.2022

In 2021, the Canadian publicly listed Hut 8 Mining mined 2,786 BTC and boosted revenue by 327%

In 2021, the revenue of the Canadian publicly listed Hut 8 Mining reached a record CAD 173.8 million (~$137.7 million). This was up 327% from the previous year.

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ForkLog 20 23.02.2022

Bitfury to launch a 28 MW mining data centre in Sarnia, Ontario

Bitfury Group, one of the early pioneers of the mining industry, announced the launch of a new mining centre with a capacity of 28 MW in Sarnia, Ontario, Canada.

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ForkLog 29 22.02.2022

Ruby on Rails creator says criticizing Bitcoin was a mistake

Ruby on Rails creator David Heinemeier Hansson says his previously negative stance toward Bitcoin was a mistake in light of the protests in Canada.

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ForkLog 28 20.02.2022

Vitalik Buterin: Canadian authorities’ actions illustrate why cryptocurrencies are needed.

Ethereum founder Vitalik Buterin did not approve the protesters' actions in Canada, but noted that government measures clearly illustrate why cryptocurrencies exist. He called decentralized systems 'a return to the rule of law.'

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ForkLog 11 18.02.2022

Kraken flags possibility of pre-trial asset freezes

For users concerned about authorities freezing digital assets without a court order, it is prudent to store funds in non-custodial wallets. This was the view expressed by Kraken chief executive Jesse Powell, commenting on the situation in Canada.

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ForkLog 16 15.02.2022

Canada tightens fundraising in cryptocurrencies amid protests

Prime Minister Justin Trudeau has invoked the Emergencies Act to address the protests across the country. Among its provisions, fundraising in cryptocurrencies will be made more difficult.

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ForkLog 14 19.01.2022

Report: Two-thirds of Canadians willing to be paid in cryptocurrency

67% of Canadians are interested in moving salary payments to digital assets over the next five years. These results come from the marketing and consulting firm Capterra.

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ForkLog 21 16.01.2022

Bitfinex to close Ontario residents’ accounts

In March 2022, the cryptocurrency exchange Bitfinex will close the accounts of residents of the Canadian province of Ontario. Access for these users on the platform has already been restricted as early as January, according to the company.

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ForkLog 15 31.12.2021

Ontario regulator flags Binance for lack of registration

The Ontario Securities Commission (OSC) said Binance lacked a licence. This was the regulator's response to the company's recent announcement.

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ForkLog 18 27.12.2021

Binance wins in-principle approval to operate as a crypto-services provider in Bahrain

Binance has received in-principle approval from the Central Bank of Bahrain to operate as a cryptocurrency-services provider.

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ForkLog 15 01.12.2021

Fidelity Investments launches a spot Bitcoin ETF in Canada

Fidelity Investments has regulatory approval to launch a spot Bitcoin ETF in Canada.

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ForkLog 13 18.11.2021

Fidelity gains approval to operate in Canada as a Bitcoin custodian

IIROC approved Fidelity Investments’ launch of an institutional-focused trading and custody platform for Bitcoin. This move will allow the asset manager to launch an ETF based on the first cryptocurrency.

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