Canada lags with stablecoin approach, but there’s room to catch up

Canada lags with stablecoin approach, but there’s room to catch up

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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Canada Election: Mark Carney’s Liberals Projected to Win as Donald Trump Weighs Down Conservatives

Canada Election: Mark Carney’s Liberals Projected to Win as Donald Trump Weighs Down Conservatives

Canadian voters appear to have given the governing Liberals, led by owlish central banker and businessman Mark Carney, a fourth term after a snap parliamentary election prompted by U.S. President Donald Trump’s threats to take over Canada.   On Monday night, decision desks at major Canadian broadcasters like CBC, CTV and Global News made projections…

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ARK adds staked Solana to two tech ETFs

ARK adds staked Solana to two tech ETFs

The ETFs will access Solana staking through Canada’s newly approved staking feature for crypto funds. ARK Invest has added exposure to staked Solana (SOL) to the portfolios of two of its exchange-traded funds (ETFs), the asset manager said in a client email reviewed by Cointelegraph.  As of April 21, the two ARK funds — ARK…

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Crypto Biz: Is the US Fed prepping the money printer?

Crypto Biz: Is the US Fed prepping the money printer?

A senior Fed official believes markets are still functioning properly, but said the central bank would “absolutely” step in if financial conditions become disorderly. The US Federal Reserve under Jerome Powell has developed a reputation for dragging its feet on implementing important policy changes. However, a top central banker has assured that the Fed is…

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#Canadian news companies sue OpenAI

#Canadian news companies sue OpenAI

A group of Canadian news and media companies filed a lawsuit Friday against OpenAI, alleging that the ChatGPT maker has infringed their copyrights and unjustly enriched itself at their expense. The companies behind the lawsuit include the Toronto Star, the Canadian Broadcasting Corporation, the Globe and Mail, and others who seek to win monetary damages…

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