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The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance. Go to Source
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said. Go to Source
The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins. Go to Source
The potential is there, but the difficulties in achieving financial inclusivity are often underestimated, a Bank of Canada study shows. Go to Source
But Solana was the only other major asset to show inflows for the week. Go to Source
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain. Go to Source
Localcoin ATM will also be expanding its range of cryptocurrency offerings and launching a wallet app. Go to Source
Bull Bitcoin forms a partnership with SINPE Movil, Costa Rica’s principal fiat payments system, and Bitcoin Jungle, a local crypto wallet solution. Go to Source
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions. Go to Source
