Crypto industry observers in Canada are concerned that their industry is being left behind without a clear framework for stablecoins. The slow adoption of stablecoins in Canada has some local crypto industry observers concerned that the country is falling behind. The Canadian Securities Administrators (CSA) classified stablecoins as “securities and/or derivatives” in December 2022 after…
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Both Canada and Mexico have agreed to implement policies to stop the flow of illegal drugs and immigration into the US after a phone call with US President Donald Trump. Crypto markets sharply rebounded after US President Donald Trump agreed to put a temporary hold on proposed tariffs aimed at Canada and Mexico as negotiations…
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Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries. According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the…
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dYdX Quits Canada On April 14 Due To Legal Difficulties Key Points: dYdX has reported that it will pull out from the Canadian market and that exchanging support for existing clients will end on April 14. However, users will still be able to access the protocol’s funds at any time. Beginning on April 7, new…
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