Canada

Vancouver is exploring using Bitcoin in its financial reserves to protect against economic instability and inflation. The city aims to position itself as a hub for digital asset businesses and attract tech talent.

Gemini is closing all Canadian accounts by December 2024 due to stricter regulations from the Canadian Securities Administrators. Several other exchanges, like Binance and Bybit, have also left Canada because of these new rules.

Gemini has told its Canadian users they have 90 days to withdraw their funds before it closes all accounts by the end of this year.

AI researchers are advocating for a robust contingency plan to address the risk of losing control over AI systems. This measure seeks to prepare for scenarios where AI could act unpredictably, emphasizing the need for strong safeguards and strategies to manage potential risks.

Canadian investment firm Cypherpunk Holdings rebrands as Sol Strategies, signaling a major shift towards the Solana ecosystem.

Over 600 Bitcoin ATMs were shut down globally with the United States leading the reduction by losing 411 ATMs in July and 258 in August.

Canada’s 100% tariff on Chinese-made EVs starts October 1. Tesla had sought a lower rate like the EU's 9%, but the tariff affects all Chinese EVs, including Tesla's.

EzBtc and its founder, David Smillie, were just caught by the British Columbia Securities Commission (BCSC) for misappropriation of approximately 13 million Canadian Dollars of user funds on crypto gambling.

Massive data breach exposes sensitive info of 2.9 billion people, prompting urgent advice on credit freezes and fraud protection.

The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses.