Binance Faces New Class-Action Lawsuit in Canada
Binance is sued for selling unregistered crypto derivatives, violating securities laws, with ongoing investigations by Ontario's authorities.
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Binance is sued for selling unregistered crypto derivatives, violating securities laws, with ongoing investigations by Ontario's authorities.
The Canadian government announces a $2.4 billion investment in AI, focusing on computing power, startups, workforce support, and regulatory enforcement.
Coinbase has expanded its presence in Canada, establishing two entities: Coinbase Canada, operating under an international dealer license, and Coinbase, registered as a restricted dealer.
Coinbase Canada's expansion enhances the digital economy's access and addresses regulatory and market challenges.
While noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.
The company has submitted a pre-registration undertaking with regulators.
The crypto market’s steady growth since the start of 2023 was checked by pronounced losses this week.
“In particular, Canadians who were young, male, employed, had a university degree, high household income and relatively low financial literacy were more likely to own Bitcoin.”