Category: Canada

Commodity strategist predicts Bitcoin ETF could get the nod in US next month

Commodity strategist predicts Bitcoin ETF could get the nod in US next month

A Bitcoin ETF could be approved by U.S. regulators by October. according to Bloomberg Intelligence Commodity Strategist Mike McGlone. 6209 Total views 49 Total shares Bloomberg Intelligence Commodity Strategist Mike McGlone believes it is only a matter of time before the U.S. Securities and Exchange Commission (SEC) approves the country’s first Bitcoin exchange-traded fund (ETF). […]

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Canadian investment firm plans to plant trees matching buys in Bitcoin ETF

Canadian investment firm plans to plant trees matching buys in Bitcoin ETF

The investment firm filed the application for its Bitcoin ETF with Canadian securities regulators in February. 2106 Total views 23 Total shares Accelerate Financial Technologies is planning to match each investment in its pending Bitcoin exchange-traded fund with the planting of thousands of trees. According to a Friday report from Bloomberg, the Calgary-based investment services […]

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Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear

Green BTC miner Bitfarms’ production up 50% after China ban, as Compass goes nuclear

Publicly traded North American Bitcoin mining company, Bitfarms, has doubled its productivity this year amid the Chinese crackdown and resultant miner migration. The Canadian hydroelectricity mining outfit claims to be currently powering an estimated 1.5% of the entire Bitcoin network with more than 99% renewable green energy. In a July 14 production update, the firm […]

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Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to appease regulators that require specific licenses to offer financial services to […]

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