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Report: U.S. Biden Administration Will Use Five Eyes Intelligence Alliance Dealing With Ransomware

According to a report by CNN, the White House is in the process of finalizing its strategy for handling ransomware pertaining to crypto digital assets. The U.S. plan involves working with countries that are a part of the Five Eyes surveillance group, members consisting of — Australia, Canada, New Zealand, the United Kingdom, and the… Read More

Binance Is Being Targeted Global By Regulators; Rolls Out CipherTrace Traveler For Compliance With Travel Rules

The day has finally come where Binance is being targeted by several countries’ regulators for operating an exchange without proper oversight in their eyes, which allows money laundering and illegal futures trading. Binance has recently been put under scrutiny by the U.S., UK, Singapore, Thailand, Canada, Japan, India, and now they can add the Cayman… Read More

Canada Approves Bitcoin Physical ETF For Toronto Stock Exchange With Custody Under Gemini

The first publicly traded Bitcoin exchange-traded fund (ETF) in North America and the world has been approved in Canada held by Purpose Investments, an asset management company with more than $10 billion in assets under management, its website details. According to a document that was filed by Purpose Investments with the Ontario Securities Commission (OSC),… Read More

MCO Visa Card and Crypto.com Come to Canada

Crypto.com is set to roll out its MCO Visa Cards in Canada after its expansion to Europe. According to a recent announcement, the cryptocurrency payments platform Crypto.com told media that its Visa card program has received regulatory approval by the Canadian government and will be soon issued MCO Visa cards in the country. MCO Visa… Read More

New Guidance for Cryptocurrency Exchanges Issued by Canadian Regulator (CSA)

New Guidance for Cryptocurrency Exchanges Issued by Canadian Regulator (CSA) New guidance to determine which digital currency trading platforms fall under derivatives law has issued by Canadian authorities. The Canadian Securities Administration (CSA) talked about new provisions in the “Guidance on the Application of Securities Legislation to Entities Facilitating the Trading of Crypto Assets”, which… Read More

Governments vs Facebook: The Cryptocurrency Race

Facebook continues to press forward with their Libra Association plans. Libra is the social media’s cryptocurrency project. Announced in June 2019, Libra is scheduled to launch in 2020. World leaders, like United States lawmakers and the European Union members, have been quick to criticize Libra. Citing privacy concerns for Facebook’s 1.74 billion users across the… Read More

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