Canadian crypto adoption struggles as cash remains king

For two years in a row, Canadians have shown a strong preference for cash and card payments for day-to-day purchases.

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Crypto Exchange OKX to Exit Canadian Market by June 2023 Due to New Regulations

The post Crypto Exchange OKX to Exit Canadian Market by June 2023 Due to New Regulations appeared first on Coinpedia Fintech News

The crypto market has been facing a wave of regulatory changes in recent years, causing many crypto firms to reassess their operations and even exit certain countries altogether. The latest example of this trend is the announcement by crypto exchange OKX that it will be ceasing operations in Canada by June 22, 2023.  OKX Becomes …

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WonderFi Joins Forces with Coinsquare and CoinSmart to Create Canada’s Biggest and Most Secure Crypto Trading Platform

The post WonderFi Joins Forces with Coinsquare and CoinSmart to Create Canada’s Biggest and Most Secure Crypto Trading Platform appeared first on Coinpedia Fintech News

Canada’s crypto trading platforms are set to face ‘enhanced’ rules under new regulations as the country’s financial regulators seek to increase oversight and address concerns over money laundering and fraud. While the new regulations may be seen as a burden by some in the crypto industry, many firms are taking steps to comply with the …

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