Robinhood expands into Canada with WonderFi acquisition
Robinhood has agreed to acquire WonderFi for US$179 million, marking its entry into Canada. The acquisition deal values WonderFi at CA$0.36 per share, a 41% premium. The deal includes the…
Crypto.com gets green light in Canada with restricted dealer registration
This regulatory milestone enables the platform to continue offering crypto asset products and services across the country. The company is working toward getting its registration as an investment dealer and…
New government legislation could open up sports betting in Alberta, Canada by end of this year
Alberta’s Bill 16 will allow third-party operators in online gambling by 2025 The province aims to capture grey market bets and boost revenue like Ontario Safeguards like self-exclusion and player…
LiquiTrade faces sanctions as Canada cracks down on unregistered crypto exchanges
LiquiTrade faces sanctions for illegal operations under Canada’s Securities Act. BCSC found LiquiTrade enabled unregistered trading of crypto derivatives. Four exchanges have been banned amid the heightened Canada’s crackdown. LiquiTrade,…
KPMG Canada partners with Chainalysis to tackle crypto frauds
The collaboration is aimed at combating digital asset fraud and enhancing anti-money laundering efforts. The two will work to address the record-high $20.6B in global cryptocurrency-based illicit transactions. They will…
What does Binance leaving Canada mean for the crypto industry?
Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down severely The move…
Binance announces exit from Canada
Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges to seek approval before allowing their customers to buy or…
OKB price dips: OKX to cease operations in Canada
OKX will cease operation in Canada in June 2023. The exchange has already sent an off-boarding message sent to Canadian OKX users. Canadians will not be able to open new…
Crypto.com adds Google pay and Apple Pay support for its card users in Canada
In a tweet released by Crypto.com today, the cryptocurrency exchange company announced that it… The post Crypto.com adds Google pay and Apple Pay support for its card users in Canada…