Digital Canadian dollar fails to impress despite high awareness
People who were aware of CBDCs were more reluctant to adopt the technology when compared with those who didn’t know about it.
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Canadians Are “Largely Opposed” To A CBDC, Says Bank Of Canada
Canadians are overwhelmingly opposed to their central bank researching and issuing a digital loonie, according to newly released survey results from the Bank of Canada. The report found that citizens…
Canadian regulator seeks feedback on crypto asset exposure disclosure requirements
The Canadian Office of the Superintendent of Financial Institutions is following a Basel model for its disclosure requirements.
Canada flags concern on AI-generated deepfake disinformation campaigns
The Canadian agency also noted privacy violations, social manipulation and bias among the concerns that AI raises.
How to manage crypto losses on tax returns in the US, UK and Canada
Unlock the complexities of cryptocurrency taxation and learn how crypto losses impact your tax liability in the United States, United Kingdom and Canada.
5 nations challenge crypto experts and investigators to target tax crimes
The J5 generates significant leads through events, which, in the past, has helped uncover multimillion-dollar crypto Ponzi schemes, such as the BitClub Network.
G7 countries to launch AI code of conduct: Report
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology.
Calgary Residents Lose Over $22 Million to Crypto Scams Amid Bear Market
The Calgary Police Service issued a warning to residents to beware of fraudsters who promise high returns on crypto investments, noting that Calgary victims have lost more than $22 million…
Canada central bank assesses innovations and challenges of DeFi
The staff note suggested that, although the DeFi ecosystem brings a ton of innovations in the financial sector, the regulatory challenges and vulnerability limit its potential use in traditional finance.
Bitstamp Announces When it Will Cease Offering Services in Canada
Bitstamp’s CEO, Bobby Zagotta, announced that the firm will be discontinuing its services to customers in Canada. The decision is set to take effect on January 8, 2024, and comes…
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