‘Adoption is Real’: Nearly 5 Percent of Canadians Now Own Bitcoin

At least four different studies by institutional authorities indicate that between 3 and 5 percent of people in Canada own Bitcoin.   Bitcoin Investors Are Spreading in Canada Bitcoinist reported in July that 500,000 people in Ontario own cryptocurrencies. The findings were revealed in a survey of more than 2,500 Ontarians conducted by the Investor […]

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Mining Firm Bitfury Debuts New ASIC Chip

Bitfury has announced the release of a new Application-Specific Integrated Circuit (ASIC) chip, as well as a new generation of its Bitcoin mining hardware. The Bitcoin mining firm plans to integrate its new offerings across many of its data centers around the globe. Bitfury’s New Catalog of Bitcoin Mining Hardware The company announced the launch […]

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Québec Charging Cryptocurrency Miners Double for Electricity

The Canadian province of Québec has been given permission to charge cryptocurrency miners higher electricity rates than those charged to residential customers. Canada has never been one to shy away from their interest in cryptocurrencies. They are also using blockchain technology to streamline certain air travel procedures and have given the go-ahead for a blockchain exchange-traded fund (ETF). […]

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‘Intense’ Bitmain Lobbying Forcing Smaller Bitcoin Miners Out of Quebec

A month after authorities in Quebec lifted a moratorium on allowing Bitcoin miners, local businesses have begun threatening to leave suspecting unfair policies. ‘Very Saddened’ In a series of tweets June 28, D-Central founder Jonathan Bertrand claimed that due to conflicting interests and agendas at government level, as well as an “intense lobbying effort” from […]

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Canada Steals Crypto Startup From the U.S. With Less Stringent Laws

Osato Avan-Nomayo · May 9, 2018 · 1:00 am CBlocks, a Miami based-based cryptocurrency startup is moving to Canada to avoid regulatory trouble in the United States. The firm has been unable to obtain clear legal guidance concerning its status, hence the move. Cryptocurrency laws in Canada are a lot less stringent than in the […]

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Governmental Blockchain Adoption: Efficient and Transparent Government Systems

Nick Chong · February 26, 2018 · 1:30 am Most can acknowledge the potential use cases of cryptocurrencies and blockchain technologies, but if governments don’t recognize this technology as viable, what are the chances of true adoption? Governments all over the world have conflicting views on the applied use of blockchain technologies in traditional governmental […]

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