After birthing two of the most successful cryptocurrency CEOs, does this equate that Canada is likely to become a full-time player in the crypto space?

2019-3-29 10:41

Canada is one of the leading countries in the world, with an educational system that has been home to a large number of society builders, some of which have significantly influenced the structure of cryptocurrency and blockchain with outstanding creations that have gone on to lead the pathway for digital currencies to thrive.

Two very profound examples would be the founder of Ethereum, Vitalik Buterin and Changpeng Zhao, the founder of the world’s leading cryptocurrency exchange Binance. Interestingly, both CEOs underwent their undergraduate programmes in two of the most prestigious Canadian universities; University of Waterloo and McGill University respectively. While Zhao went on to get a degree in computer science, Buterin dropped out of Waterloo in 2014 upon receiving the Thiel fellowship amount of $100,000.

As these individuals continue to pioneer digital technologies globally, the question of Canada’s level of adaptation in cryptocurrency is an important one which begins at the core of regulation. Initially, the Canadian government had delayed in the regulation of cryptocurrencies ahead of the 2019 elections.

At the time, it was expected that a new regulatory policy would be proposed in the year 2020 seeing that a 12 month time period was given before implementation. However, with the ongoing QuadrigaCX incident, cryptocurrency personnel have been voicing the need for a more defined cryptocurrency regulatory policy, one that covers both exchanges, brokers, traders, and investors.

In a bid to proffer an effective solution, the Canadian Securities Administrators (CSA) along with the Investment Industry Regulatory Organization of Canada (IIROC) has gone on to release a new proposed platform framework with a discussion paper aimed at tackling the problems.

While there is no authorization for cryptocurrency exchanges in Canada at this time, the proposed framework despite having being regulated suggests that securities laws should be included in the refining process when necessary.

The post After birthing two of the most successful cryptocurrency CEOs, does this equate that Canada is likely to become a full-time player in the crypto space? appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Canada eCoin (CDN) на Currencies.ru

$ 0.0037441 (+0.46%)
Объем 24H $1
Изменеия 24h: 24.14 %, 7d: 30.10 %
Cегодня L: $0.0030161 - H: $0.003747
Капитализация $364.735k Rank 99999
Цена в час новости $ 0.0019362 (93.37%)

canada cryptocurrency two full-time player space crypto

Источник: zycrypto.com

canada cryptocurrency → Результатов: 126


Фото:

Canada’s Coinsquare Exchange Unveils European Expansion Plans

The Canadian cryptocurrency exchange Coinsquare will debut its services in the European market in Q4 2018, marking its first international expansion under the Coinsquare brand. Coinsquare’s First International Expansion Coinsquare, a Canada-based cryptocurrency exchange, has revealed that it will expand into the European market later this year, providing European citizens with access to its entire […] The post Canada’s Coinsquare Exchange Unveils European Expansion Plans appeared first on CryptoSlate.

2018-8-24 18:00


Фото:

Coinsquare To Enter European Markets By 2019, Bringing BTC, ETH And XRP With It

The biggest cryptocurrency exchange in Canada, Coinsquare, have announced in a press release that they now plan on entering European markets by Q4 2018, meaning that come 2019, Coinsquare should be readily available across a number of European countries, opening up for the trade of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, XRP, Dogecoin and Dash.

2018-8-24 15:00


Фото:

Canada’s Biggest Crypto Exchange Moves to Europe, With Ripple-to-Fiat Support

Coinsquare, a little-known Canadian crypto exchange, is entering the European market to help businesses in the flowering industry with fiat pairs, including Ripple-to-fiat. Europe Meets Coinsquare To be frank, the cryptocurrency market hasn’t had the best start to 2018, with the collective value of all crypto assets declining by a staggering 75%.

2018-8-24 11:30


Jamaican Stock Exchange Partners with Fintech Company to Deliver Cryptocurrency Trading

The Jamaican Stock Exchange (JSE) has announced that it will be collaborating with Canada’s Blockstation to deliver cryptocurrency trading to investors. Details of the Cryptocurrency Collaboration The JSE announced on August 14th that it had selected Canadian fintech company Blockstation to deliver crypto tokens to investors.

2018-8-19 19:24


IT Industry Leader Innosilicon Announces Partnership With Cloudminter

Bitcoin Press Release: Innosilicon, designer of the industry leading cryptocurrency mining ASIC products, today announced that it has partnered with the Canadian cloud corporation Cloudminter. In this strategic alliance,  The two companies will collaborate in the to development of a groundbreaking 300 MW mining facility in Eastern Canada, set to start operations in Q4 2018.

2018-8-10 18:36


Canada’s Coinsquare Exchange Announces Coin Capital Investment Management Launch

Coinsquare Launches Coin Capital Investment Management To Help Canadians Invest In Emerging Technology Canada's premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, Coinsquare, has announced the launch of its subsidiary Coin Capital Investment Management Inc (Coincapital) and registration of Coincapital by the OSC as an exempt market dealer, investment fund manager, and […]

2018-7-31 12:46


Фото:

Novgorod Galaxy Digital to trade on the stock market since August 1

Following “frustrating” process of receiving the final approval from Canada’s regulators, Novogratz’ cryptocurrency merchant bank Galaxy Digital gets listed on Toronto’s TSX Venture Exchange. According to the latest report from Bloomberg, Mike Novogratz’s cryptocurrency merchant bank Galaxy Digital is all set to trade on the Toronto’s TSX Venture Exchange from the 1st of August, 2018.

2018-7-31 11:55


Фото:

The Bank Of Canada State That A CBDC Would Benefit Canada And The USA

The Bank of Canada, Canada’s central bank have hit headlines on a few occasions this month, after a sudden spike in interest within cryptocurrency and blockchain technology from the bank. According to Coindesk, The Bank of Canada have published a new paper that discusses how a Central Bank Digital Currency (CBDC) would be beneficial to both the economies of United States and Canada.

2018-7-27 15:30


Фото:

Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems

Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins.

2018-7-25 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Vitalik Buterin Baffles Crypto Twitter: Can You Solve His Math Puzzle?

Vitalik Buterin, the enigmatic co-founder of Ethereum, sent shockwaves through the crypto Twittersphere this past weekend with a series of seemingly nonsensical equations. The equations, which defied basic arithmetic (think 2 + 2 = 0), left many scratching their heads and fearing a break in the very fabric of mathematics. However, as it turns out, […]

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?

Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up.