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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Canada

A Digital Vault for Bitcoin Emerges in Ontario, Canada

Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News, Tech

A Digital Vault for Bitcoin Emerges in Ontario, Canada

VersaBank, an original fully-digitized Canadian bank, is offering a new-era deposit facility for consumers’ digital assets. Billing itself as “Canada’s fintech engine,” VersaBank terms the offering a “blockchain-based digital safety deposit box” for bitcoin and other virtual currencies. Blockchain Is Secure, but VersaBank Is Airtight A former lead at BlackBerry cybersecurity, Gurpreet Sahota, has been appointed as Chief Architect on…

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Einstein Capital Partners Ltd. Forming Blockchain Partnership with Ubiq Technologies Inc.

Category: Blockchain, Business, Commentary, News, Tech

Einstein Capital Partners Ltd. Forming Blockchain Partnership with Ubiq Technologies Inc.

A strategic partnership between Einstein Capital Partners Ltd., Canada’s most prominent digital currency exchange, and Ubiq Technologies was recently announced on January 23, 2018. Ubiq will be providing new blockchain solutions for the exchange to better record their shareholders and holders of stock options privately. Mastering Identities via Transparent Technologies The idea is the forerunner to being able to record…

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Not Taxation, Canada’s Government Is Worried About Terrorism and Money Laundering Using Cryptocurrencies

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Not Taxation, Canada’s Government Is Worried About Terrorism and Money Laundering Using Cryptocurrencies

If you’re currently living in Canada and worried about the government imposing a new tax code for cryptocurrencies, Finance Minister Bill Morneau has good news to share. In his conversation with the media on the sidelines of the World Economic Forum in Davos, the minister assured that his government is not planning on imposing any changes to existing tax codes….

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Canada and WEF Pilot Biometric Blockchain Digital Identity Travel Program

Category: Blockchain, Commentary, Tech

Canada and WEF Pilot Biometric Blockchain Digital Identity Travel Program

On January 25, 2018, Canada announced the start of a pilot digital identity program called the Known Traveler Digital Identity system (KTDI). This system relies on biometric and other personal data as well as blockchain technology to create an ID that travelers can share with authorities. The project arose out of two years of collaboration between international partners as part…

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Bank of Canada Looks to Regulate “Gamble” Bitcoin

Category: Bitcoin, Commentary, News, Regulation

Bank of Canada Looks to Regulate “Gamble” Bitcoin

The Bank of Canada’s governor Stephen Poloz has labeled trading with Bitcoin “gambling” and called for regulatory oversight. He confirmed that the Central Bank was currently looking into appropriate legislation to prevent heartache from the current volatility in the cryptocurrency melee happening worldwide. While those may seem negative sentiments, he simultaneously praised blockchain technology as a “true piece of genius.”…

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Armed Robbers Attack Canadian Bitcoin Exchange

Category: Bitcoin, News

Armed Robbers Attack Canadian Bitcoin Exchange

According to a police report, armed robbers entered the office of Canadian Bitcoins, bound workers and hit one of them on the head with the back a gun. The fifth worker alerted the police from another office as soon as he noticed they were under an armed robbery attack. The thieves took to their heels without any bitcoin when they…

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Vancouver on the Verge of Becoming a Cryptocurrency Heavyweight

Category: Business, Commentary, News, Regulation

Vancouver on the Verge of Becoming a Cryptocurrency Heavyweight

While cryptocurrencies and initial coin offerings are facing strict regulations in countries like China, South Korea, and others, Canada is creating an environment for fintech startups to flourish. A Crypto Friendly City In 2017, several successful ICO projects were held in the Canadian city of Vancouver. Vanbex Group, creators of FUEL token, is blazing the trail in the Canadian Fintech…

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Canada Registers First Cryptocurrency Investment Fund

Category: News

Canada Registers First Cryptocurrency Investment Fund

The B.C. Securities Commission provides registration and tools for First Block Capital Inc. to begin working as an exempt market dealer as a bitcoin investment fund. On September 6, the British Columbia Securities Commission announced that it would be allowing First Block Capital Inc. operational status. The investment fund seeks to be the first in Canada to allow investors to…

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Bank of Canada: Digital Currencies will not Survive without Regulation

Category: Altcoins, Bitcoin, News, Regulation

Bank of Canada: Digital Currencies will not Survive without Regulation

The Bank of Canada (BoC) released a paper in February 2017, explicitly stating digital currencies will not be able to survive in the future without government involvement. Researchers from the BoC examined the viability of digital currency for the years ahead. The researchers used previous examples of the Canadian National Currency notes as the starting point for the study. In…

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Fully Regulated Digital Cash Platform Launches in Canada

Category: Business, News, Regulation, Tech

Fully Regulated Digital Cash Platform Launches in Canada

Toronto-based financial technology startup nanoPay has launched MintChip, a digital cash platform and application, in a bold attempt to replace physical cash with digital money, based on an idea originally developed by the Royal Canadian Mint in 2012. The MintChip platform is currently available for download to all Canadian users and can be used to send and receive transactions without…

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