Cryptocurrencies: Canada severely restricts speculation

Only registered crypto service providers are allowed to serve Canadians. Betting on credit and use of customer deposits are prohibited. The rest will be limited. New investor protection rules are severely restricting the cryptocurrency industry in Canada. The reason for this is enormous losses for investors, among other things due to the many fires after the FTX collapse, as … Continue reading Cryptocurrencies: Canada severely restricts speculation →

Cryptocurrencies in Canada: Authorities impose $30,000 purchase limits on altcoins

According to the new terms and conditions of use of the Newton cryptocurrency exchange platform, Canada limits investments to $30,000 per year. Although it does not concern all assets and all provinces of the country, this news raises questions about the freedom to dispose of its finances. In Canada, the law limits investment in cryptocurrencies Depending … Continue reading Cryptocurrencies in Canada: Authorities impose $30,000 purchase limits on altcoins →