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Stablecorp claims to have first regulator-approved stablecoin tied to Canadian dollar

Stablecorp claims to have first regulator-approved stablecoin tied to Canadian dollar

kakameo

The Toronto firm is approved under the existing stablecoin framework, but will be ready for a new federal strategy. ...

Crypto advocates want blockchain tech added to Canadian AI minister’s portfolio

Crypto advocates want blockchain tech added to Canadian AI minister’s portfolio

kakameo

The Canadian government's new Stablecoin Act addresses some of the industry's demands. The Canadian regional manager of cryptocurrency exchange ...

After years of disappointment and delay, #Budget2025 commits to a “competitive and innovative” financial system

After years of disappointment and delay, #Budget2025 commits to a “competitive and innovative” financial system

kakameo

The open banking movement, real-time rail and stable coin legislation are all promised in Budget 2025. Thanks to Budget ...

Stablecoins are at a regulatory crossroads in Canada. What’s next?

Stablecoins are at a regulatory crossroads in Canada. What’s next?

kakameo

As the popularity of digital assets skyrockets, Canadian fintech companies want to make progress on regulation. Next week's federal ...

WonderFi’s acquisition by Robinhood delayed until first half of 2026

WonderFi’s acquisition by Robinhood delayed until first half of 2026

kakameo

Additional development work and regulatory approvals are pushing to close sales into next year. Toronto cryptocurrency company Miracle-Fi has ...

Paytrie spinout Loon raises  million to oversee Canadian dollar-backed stablecoin

Paytrie spinout Loon raises $3 million to oversee Canadian dollar-backed stablecoin

kakameo

The Calgary-based fintech startup will become the new issuer of the CADC Paytrie stablecoin. Calgary-based fintech startup Loon has ...

Cybrid closes  million USD Series A round to bring stablecoins to the business mainstream

Cybrid closes $10 million USD Series A round to bring stablecoins to the business mainstream

kakameo

FinTech gets backing from BDC Capital as Bank of Canada signals openness to stablecoins. Toronto-based payments startup Cybrid has ...

FINTRAC issues record-setting 7 million fine against crypto exchange Cryptomus

FINTRAC issues record-setting $177 million fine against crypto exchange Cryptomus

kakameo

The anti-money laundering watchdog has imposed a hefty fine for failing to file more than 1,000 suspicious transaction reports. ...

Canadian FinTech leaders told to finally expect open banking progress in fall budget

Canadian FinTech leaders told to finally expect open banking progress in fall budget

kakameo

Sources say federal authorities are ready to implement the next phase of the long-delayed financial data sharing law. Canadian ...

Mark Cuban-backed TransCrypts closes -million CAD seed round

Mark Cuban-backed TransCrypts closes $20-million CAD seed round

kakameo

The Canadian launch launches “considerable attention” on hiring for his new office in Toronto. Canadian foundations Transcifts He received ...