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Canada Sets New Deadline for Crypto Platforms to Comply With Stablecoin Regulations

The Canadian Securities Administrators (CSA) have announced an updated regulatory framework for stablecoins, also known as value-referenced crypto assets (VRCAs), with a new compliance deadline set for December 31, 2024.…

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This Canadian Crypto Exchange Gambled Away $9.5 Million of Users’ Bitcoin and Ether

The British Columbia Securities Commission (BCSC) has determined that the cryptocurrency trading platform ezBtc and its founder, David Smillie, defrauded investors of approximately $9.5 million, equivalent to 13 million Canadian…

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Pierre Poilievre Backs Bill to Ban Central Bank Digital Currency in Canada

Pierre Poilievre, leader of Canada’s Conservative Party, backs a bill that seeks to ban central bank digital currency (CBDC) in Canada. He argues that a CBDC would give the government…

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European Central Bank Cuts Rates by 0.25%, Confirms Data-Driven Approach for Path Ahead

The European Central Bank announced cuts of 0.25% (or 25 basis points) on three of its main interest rates: the main refinancing operations, the marginal lending facility, and the deposit…

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