Cryptocurrency News
The endorsement of cryptocurrencies and blockchain technology by a group of thirty Canadian lawmakers, as outlined in the report titled “Blockchain Technology: Cryptocurrencies and Beyond,” highlights the growing recognition of the potential benefits and importance of these technologies. The report’s emphasis on the need for a national strategy indicates a […]
Canada is a very interesting region for cryptocurrencies. Despite several bitcoin exchanges shutting down, a new type of regulation paves the way for a brighter future. Crypto enthusiasts in Canada know it is difficult to find reliable trading platforms. Proper Crypto Regulation in Canada Several companies have either shut down […]
Cryptocurrency hedge funds have become increasingly popular all over the world. In Canada, the biggest crypto fund goes by the name of Rivemont Crypto Fund. Interestingly enough, its asset allocation heavily favors cash over cryptocurrency at this stage. Canada’s Crypto Fund Needs More Bitcoins One would expect a cryptocurrency hedge […]
A survey by the Bank of Canada has found that 85 percent of Canadians are aware of Bitcoin. The survey further revealed that the level of ownership of the digital currency had nearly doubled in 2017, with most of the owners holding it for speculative reasons and as a form […]