Tag: Canada

May 15, 2023 BY Steffy Bogdanova

Binance exists Canadian market due to strict crypto rules

The Canadian Securities Administrators (CSA) issued a notice categorizing stablecoins as 'securities and/or derivatives’ in December last year. This classification has imposed restrictions on regulated crypto exchanges in Canada, preventing them from providing services involving stablecoins, which constitute a significant portion of the industry. Additionally, Canada, particularly the regulatory authority in Ontario, the regulatory body…

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January 26, 2023 BY Steffy Bogdanova

ATB Financial adopts smartTrade’s FX web platform

Ryan Rabin, Vice President of Banking & Payment Solutions at ATB Financial said: We were looking for a vendor with a strong reputation, an understanding of FX distribution and trading, as well as the technology to support it. smartTrade was able to provide a true end-to-end solution, including connectivity to liquidity providers and support teams…

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Acquisition
June 02, 2022 BY Steffy Bogdanova

Cboe Global Markets finalises acquisition of Canadian Stock Exchange NEO

Ed Tilly, Chairman and CEO of Cboe Global Markets, commented: With NEO, we are creating another connection across borders through our network of trusted markets, enabling Canadian clients to pursue global growth opportunities through innovation, enhanced technology and access to new ways of trading and listing. Our global strategy is focused on developing a seamless…

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Forex.com Canada
March 17, 2022 BY Steffy Bogdanova

FOREX.com expands offering in Canadian market

Glenn Stevens, CEO of the retail business of StoneX Group Inc., commented: Our mission at StoneX is to open markets, and this expansion of our FOREX.com offering in the Canadian market is an important part of providing comprehensive access to the retail investor. We also give retail investors the ability to trade the way they…

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BoC: Bank of Canada January Rate Meeting: What to Expect?
October 28, 2019 BY Valentina Kirilova

Torstone Technology expands in Canada

Torstone Technology, a provider of post-trade securities and derivatives processing, has announced that it has expanded in Canada, opening a new office in Toronto. The announcement comes after Credit Suisse Canada selected Torstone’s post-trade processing platform, to replace the firm’s existing third-party outsourced operations in order to support its institutional equites business. Torstone’s platform covers…

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BoC: Bank of Canada January Rate Meeting: What to Expect?
July 15, 2019 BY Mariela Naydenova

Bitcoin tax payments in Canada

Some US states have already introduced the option of paying your taxes with bitcoin. Now, Canada is speeding up with the bitcoin tax "craze". Reportedly, the city of Richmond Hill is the first Canadian city to do trials with bitcoin tax payments. Citizens will be able to pay their municipal taxes in the "people's currency".…

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Libertex adds 5 new CFDs on cannabis shares for trading
June 17, 2019 BY Mariela Naydenova

This drug store to trace cannabis with blockchain

Blockchain is going on new horizons, no doubt about it. The largest drug store retailer in Canada is planning to use the disrupting technology to trace the cannabis it distributes. The goal is to set some standards since the industry is flourishing. TruTrace, a Canadian software company and Shoppers Drug Mart are partnering to develop…

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August 28, 2018 BY Mariela Naydenova

Why is Canada postponing the cryptocurrency regulation?

Canada has decided to put off the cryptocurrency regulations, which were due this autumn. They were supposed to publish the regulations in the Canada Gazette, but that will not happen until some time in 2019. Canada is one of those countries that cannot be categorised as "pro" or "against" cryptocurrencies. Essentially, since the country is…

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