A court in British Columbia, Canada, has ordered Daniel Tambosso to repay Hung Nguyen $ 1.2 million for a loan of 22 bitcoins made in 2021. Nguyen, a Canadian real estate agent, claimed the loan constituted his entire savings, and Tambosso’s failure to repay has severely impacted his finances and mental health. Tambosso, claiming …
Canadian Regulator Probe Determines That Liquitrade Operates an Illegal Crypto Exchange
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed. Latoken Users Trading Derivatives, Not Crypto Assets On July 3, the British Columbia Securities […]
Blockchain Futurist Conference Coming Together with Emerald to Elevate Canadian Show and Expand to US in 2025
PRESS RELEASE. Toronto [May 29, 2024] Blockchain Futurist Conference is coming together with Emerald, America’s largest producer of business-to-business trade shows, and their associated conferences, content and commerce, to grow the Canadian show and expand to the US Market. As Canada’s largest and longest-running Web3 event, Blockchain Futurist Conference has been a cornerstone of the […]
Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were exposed to crypto through exchange-traded funds (ETFs), closed-end trusts, or other […]
Bitcoin’s Fourth Halving, Nigerian Currency Plunges, Canadian Court Rebukes Trudeau, and More — Week in Review
Anticipation is high for Bitcoin’s fourth network halving. Meanwhile, the Nigerian currency has hit a new low against the U.S. dollar, while in Canada, the Federal Court declared the freezing of crypto donations during the 2022 “Freedom Convoy” protests unconstitutional. Renowned analyst Richard Bove has predicted the end of the U.S. dollar as the world’s […]