Canada Lawmakers Propose a Ban on Cryptocurrency Short Selling

The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada (IIROC) have jointly proposed a framework for cryptocurrency exchanges that would halt short selling and margin trading of digital assets.  Ban on Cryptocurrency Short Selling and Margin Trading The Canadian Securities Administrators and the IIROC have filed a joint consultation paper called Proposed Framework […]

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Canada’s Leading Jewelry Brand Birks Group Now Accepts Bitcoin

Canada’s largest jewelry brand Birks Group will reportedly allow its users to pay for their products with Bitcoin as the company enters into a partnership with BitPay. Canada Sees Continuous Adoption Regardless of the recent declines in the cryptocurrency market, Bitcoin’s widespread adoption continues. In an official press release, Birks Group – Canada’s leading luxury […]

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First Bitcoin-Backed Loan Issued in Canada

The first Bitcoin-backed loan has been issued to a Canadian company allowing cryptocurrency holders to liquify their assets without selling. Bitcoin Loan a ‘Game Changer’ Canadian company Ledn, has purportedly become the first and only local lender to issue Canadian dollar loans using Bitcoin as collateral, according to local media Wealth Professional. Bylls CEO, Francis Pouliot […]

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Parliamentary Elections in Quebec Might Impact Local Bitcoin Mining Operations

The French-Canadian province has quickly become a cryptocurrency mining hotspot due to the naturally cold weather and cheap electricity. However, the industry might be seriously impacted following today’s local parliamentary elections.  An Important Vote In early 2018, the provincial government of Quebec was loaded with demand on behalf of cryptocurrency mining companies from China and […]

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Canadian Ghost Town Gambles on Bitcoin for a New Chance at Life

With a population of fewer than 100 people, the small Canadian mill town of Ocean Falls sits dormant in British Colombia. Some think the Bitcoin mining boom could help reverse their economic fortunes. Some Bitcoin 00 miners see themselves as soldiers of fortune. They go out to adventure across the world in search of good […]

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