Mogo Inc. – which owns 34 percent of Canada’s digital currency trading platform Coin Square – has announced that the latter firm is going to be regulated by the Investment Industry Regulatory Organization of Canada (IIROC) for investment dealer registration purposes. Coin Square Will Be a Fully Regulated Crypto Platform This means Coin Square is the first crypto-only platform registered through the organization. The move is being lauded by analysts everywhere who believe this is going to make crypto trading in Canada more legitimate and mainstream. Regulation is something of a two-sided coin (pun intended). On one hand, many people
Expanding regulated crypto derivatives access in a growing financial hub WhiteBIT, the largest European cryptocurrency exchange by traffic, has obtained a broker license from the National Bank of Georgia (NBG) through its local entity, WhiteBIT Broker. With this authorization, the company will introduce crypto derivatives trading, including perpetual futures, in…
Umi Network, a well-known DeFi platform, has announced its new collaboration with LCX, a popular regulated crypto exchange. The partnership endeavors to combine the gamified crypto network of Umi Network with the robust regulatory infrastructure of LCX to revolutionize the gamified Web3 ecosystem of Odyssey. As Umi Network’s official social…
The crypto rush is on in Canada! As cryptocurrencies like Bitcoin and Ethereum gain mainstream traction, Canadians are looking to get in on the action. But with so many crypto exchanges available, how do you choose the right platform to buy and sell digital currencies? In this article, we list…