News list for " Canada"
According to market news, the National Bank of Canada has just revealed that it has purchased 1.47 million shares of Bitcoin finance company Strategy (MSTR) worth about $273 million.
Canada Digital Asset Infrastructure Corporation and QCAD Digital Trust Fund Service StablecorpDigitalCurrenciesInc. ("Stablecorp") today announced that after a multi-year regulatory approval process, QCAD Digital Trust has received the final receipt of a prospectus that complies with Canada's current stablecoin regulatory framework and allows for the issuance of QCAD tokens. This marks QCAD officially becoming the first compliant Canadian dollar stablecoin in Canada.
The Canada Pension Plan Investment Board (CPP), which has $553 billion in assets under management, purchased 393,322 shares of Strategy (MSTR) worth about $80 million.
Canadian-listed company Matador Technologies announced that it has completed the previously disclosed $100 million secured convertible bond financing arrangement with ATW Partners and has completed the first withdrawal under the financing arrangement to acquire 92 bitcoins for CAD $13.2 million (US $9.5 million). The bitcoins were purchased through Netcoins and FalconX at an average price of $102,752 each (including fees and expenses).
Following the passage of a landmark stablecoin bill in the United States in July, Canada plans to introduce regulatory legislation for fiat-backed stablecoins within the framework of its 2025 federal budget. According to the Canadian government's 2025 budget released on Tuesday, stablecoin issuers must meet the following requirements: hold sufficient reserves,...
Canadian-listed company Matador Technologies (ticker: MATA) is raising $100 million by issuing convertible bonds to buy more bitcoin.
Canadian financial firm Wealthsimple announced the completion of a $750 million equity financing, with a post-money valuation of $10 billion.
According to people familiar with the matter, Canada is negotiating stablecoin regulations and could announce a major update in the federal budget to be released next week. Government officials have been in deep discussions with regulators and industry players for weeks, these people said. Canada's finance minister, Peter C. Chambers, is said to be addressing the issue in a budget document to be released on November 4. In July, the United States passed...
Ontario Premier Ford said he will suspend advertising campaigns targeting the United States next week so that trade talks can resume.
