The legislative annex proposes amending the Bank Act, Trust and Loan Companies Act, and Insurance Companies Act to prohibit federally regulated financial …
Canada
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Markets
Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
by shayaanby shayaanProspective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly. www.coindesk.com
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Regulation
Canada Seeks Public Comment on Stablecoin Rules as US Prepares to Implement GENIUS Act
by shayaanby shayaanReserve assets would also need to be held with qualified custodians incorporated in Canada, with safeguards intended to protect token holders if …
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Stablecoins have taken the lead in the Canadian dollar crypto order book, now accounting for 44% of the volume as of June …
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Regulation
Canada Tightens Prediction Market Rules, Banning Brokers from Displaying Sports Contracts
by shayaanby shayaanBrokers Must Filter the Entire Product Experience CIRO says dealers must keep unavailable contracts out of search results, recommendations and marketing, even …
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Web3
Peak State (AU, NZ, CA) Introduces Peak State Male Enhancement Capsules Multi-Ingredient Dietary Supplement Availability in Australia, New Zealand and Canada
by shayaanby shayaanPeak State Male E ha ceme t is a multi-i g edie t dieta y suppleme t fo mulated with bota ical …
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Crypto ownership in Canada has more than doubled since 2023, even as regulators warn that many investors still misunderstand platform protections and …
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Markets
Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal
by shayaanby shayaanGPU cloud contract with Bell and Cohere strengthens HIVE’s shift from bitcoin mining to high performance AI computing. www.coindesk.com
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Regulation
Wealthsimple brings 4,000 Kalshi prediction market contracts to Canada
by shayaanby shayaanWealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new …
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Hamilton ETFs filed a preliminary prospectus in Canada for an actively managed Bitcoin income exchange-traded fund (ETF) that would use leverage and …