Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian
The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest.
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Crypto miner Hut 8 surpassed 5K Bitcoin held in reserves
According to the firm, it mines close to 20 BTC per day.
Canadian Investment Giant IGM Could Launch Bitcoin and Ethereum Products in 2022
IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan. Founded in…
Hive Blockchain Secures Order for 6,500 Next-Generation Bitcoin Miners From Canaan
On October 29, the publicly listed firm Canaan announced the mining manufacturer has secured a follow-on purchase order from the mining operator Hive Blockchain for 6,500 units of Canaan’s next-generation…
Bitcoin Mining to Provide Heat in Vancouver, Canada
North Vancouver, part of the Canadian district of British Columbia, is on a path to become the first city that employs bitcoin mining for heating residential and commercial buildings. The…
Canadian city plans to supply residents’ heat using Bitcoin mining
The recovered energy will be used to heat 100 residential and commercial buildings in North Vancouver, with a population of roughly 155,000.
The Company Behind the World’s First Bitcoin ETF Launches Mutual Crypto Fund Units
Purpose Investments – an asset management company with $12B+ in AUM – recently announced that mutual fund units would be available for its cryptocurrency exchange-traded funds (ETFs). These include its…
Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown
After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,”…
Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies
On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration…
Canadian Bitcoin mining firm Link Global faces $5.6M penalty
Link Global has received an extension to Oct. 14, 2021, as the deadline for filing its response to the action.