Canada

July 27, 2018 @ 2:10 pm By JD Alois  |  

At the beginning of the year, the Canadian Securities Exchange (CSE) announced its intent to enable blockchain based clearing and settlement. Blockchain, or distributed ledger technology (DLT) has been predicted to provide a growing number of services within the securities industry. In a blog post,… Read More

July 26, 2018 @ 1:40 pm By Cali Haan  |  

Hydro Quebec is more interested in supporting blockchain activities by blue chip companies in the province than it is in rolling out a red carpet for crypto miners, La Presse reports. Internal documents obtained in a freedom of information request show that Hydro Quebec is waiting… Read More

July 26, 2018 @ 12:03 pm By JD Alois  |  

Singapore based FintruX Network, “a global P2P lending ecosystem,” has added Bob Rinaldi to its Board of Directors. Rinaldi is a long time banker and entrepreneur.  According to FIntruX, Rinaldi has served as the CEO of CI Finance, a national equipment finance company, and as a Director… Read More

July 24, 2018 @ 7:30 pm By Cali Haan  |  

The Bitcoin Standard author Saifedean Ammous brought his book tour to Toronto yesterday, where he spoke in a light-filled penthouse workspace on key ideas from the book to a sold out crowd. Ammous is an assistant professor of economics at Adnan Kassar School of Business in… Read More

July 23, 2018 @ 9:42 pm By Cali Haan  |  

The Province of Quebec’s energy regulator, Régie de l’énergie will continue to allow Hydro Quebec to charge cryptocurrency mining companies double the standard electricity rate until the province finalizes how to regulate the new industry, The Montreal Gazette reports. Hearings to regulate the new sector are scheduled… Read More

July 23, 2018 @ 9:01 am By Cali Haan  |  

A man accused of using a digital token offering to defraud investors had his computers brought before him in a Quebec courtroom earlier this month and was forced by the presiding judge to hand over 420 bitcoins, Radio Canada reports. Dominic Lacroix planned his “Plexcoin”… Read More

July 19, 2018 @ 8:45 pm By JD Alois  |  

Is EOS the hottest thing in crypto since Bitcoin? I don’t know, but EOS creator Block.One raise a ton of money in their ICO and now that they have sufficient traditional money they are executing on their vision of being the next big thing in… Read More

July 18, 2018 @ 7:04 am By JD Alois  |  

Online lender OnDeck (NYSE:ONDK), has closed on two asset backed credit facilities totaling nearly $100 million. One in the amount of AUD 75 million with Credit Suisse, and another for CAD 50 million with Crédit Agricole, The two facilities will finance loan originations in Australia… Read More

July 17, 2018 @ 3:13 pm By Samantha Hurst  |  

The Large Credit Union Coalition (LCUC), a group comprising the CIOs of the 16 largest credit unions in Canada, announced on Tuesday it has joined enterprise software firm R3’s global blockchain ecosystem. The LCUC reported that it will join R3’s network of more than 200 financial… Read More

July 13, 2018 @ 8:23 am By JD Alois  |  

Tether, a provider of tokenized traditional fiat currencies, has selected former AML Quality Control Manager at the Bank of Montreal, Leonardo Real, as their Chief Compliance Officer (CCO). Launched in 2014, Tether claims to be the first blockchain-enabled platform to allow traditional currencies to be… Read More

July 10, 2018 @ 2:36 pm By JD Alois  |  

A couple of months back during the Crypto Invest Summit in Los Angeles at a private dinner, I happened to find myself sitting next to Alan Safahi, CEO and founder of ZED Network based in Canada. I was intrigued about his blockchain based company and… Read More

July 9, 2018 @ 6:26 pm By Cali Haan  |  

The Ontario Securities Commission’s (OSC’s) “Statement of Priorities for the Financial Year to End March 31st, 2018,” provides little guidance to Ontario companies trying to advance blockchain-based financial technologies, says Toronto-based blockchain lawyer Amy ter Haar. T Though the report restates the commission’s commitment to protecting… Read More

July 9, 2018 @ 8:42 am By Samantha Hurst  |  

On Monday, Canadian fintech startup Citrusxchange Inc. announced it has launched its blockchain based supply chain and invoice financing platform, Kwikxchange.  The company reported its platform caters to small and medium enterprises seeking supply chain financing and invoice financing. The platform was also developed under… Read More

July 9, 2018 @ 8:27 am By JD Alois  |  

The Joint Chiefs of Global Tax Enforcement, or the “J5”, is a group of nations dedicated to fighting against tax crime and money laundering. Participants in the J5 include the Australian Criminal Intelligence Commission (ACIC) and Australian Taxation Office (ATO), the Canada Revenue Agency (CRA),… Read More

July 6, 2018 @ 12:00 pm By Samantha Hurst  |  

Flinks, a Canadian fintech that provides banks and other fintechs with a data gateway platform that enables digital onboarding, risk modeling, and insights, announced earlier this week it secured $1.75 million through its latest seed funding round. The company reported that its partners now include National… Read More

July 5, 2018 @ 1:40 pm By JD Alois  |  

The Ontario Securities Commission (OSC) has published its 2018-2019 “Statement of Priorities.” This document sets out the priorities for the regulator during the fiscal year along with preferred outcomes. Along with the expected statements of investor protection and compliance / enforcement, the OSC says it intends… Read More

July 3, 2018 @ 12:14 pm By JD Alois  |  

Global Blockchain Technologies (CSE:BLOC) (BLOC.CN) (CSE:BLOC.CNX) (BWSP.F) (BLKCF) has released a comment on share performance following multiple inquiries regarding the price decline. In the past year, Global Blockchain has seen its price gone from a high of over CDN $1.50 to an anaemic CDN $0.29… Read More

July 1, 2018 @ 2:00 pm By Cali Haan  |  

The Ontario Securities Commission (OSC) has published a report on a comprehensive survey of 2500 Ontarians regarding their interest in and knowledge of digital currencies like Bitcoin. The report, commissioned by the OSC’s Investor Office and conducted by Innovative Research Group, found that 5%, or… Read More

June 27, 2018 @ 11:09 am By JD Alois  |  

KoreConX, a platform to manage businesses capital market activity and stakeholder communications, has announced the “KoreToken Protocol” for securities tokens that said to be fully compliant throughout the lifecycle of the security. Recognizing the market has not established a protocol that caters to the life… Read More

June 27, 2018 @ 9:37 am By Samantha Hurst  |  

TD Bank announced on Tuesday it has formed a new partnership with BizEquity to provide its small and mid-size business customers and prospects from Maine to Florida a no-cost comprehensive business valuation through a cutting-edge digital application. The bank revealed that through its relationship with the Philadelphia-based fintech it now offers… Read More