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American businessman holding a pile of 100 dollar bills

Prominent cryptos losing their pegs is a wake up call to investors, regulators

Two golden coins - Bitcoin and Ethereum

The firm will pay a US$5.5-million penalty but did not admit or deny the SEC's findings

fintech icon on abstract financial technology background represent Blockchain and Fintech Investment Financial Internet Technology Concept

Many central bank digital currencies are likely to be issued in the "medium" term, BIS reports

Stack of cryptocurrencies in a circle on the motherboard

Limited size and liquidity of crypto market hampers its utility for sanctions evasion

Toronto skyline in financial district

High-profile hires have helped to erode some of the stigma around the space

Abstract,Golden Bitcoin money on computer.

Only 17% of Canadians said they're likely to invest in cryptoassets as a short-term investment

Bitcoin, Litecoin and Ethereum

The regulator added 20 staffers to its crypto enforcement team

canadian dollar bills stacked background. computer generated 3d photo rendering.

FINTRAC says platforms must register, comply with anti-money laundering regulations

risky move

Cyberattacks, cryptoassets and housing are among the other critical issues addressed

  • By: Staff
  • April 21, 2022 April 21, 2022
  • 16:26
Abstract,Golden Bitcoin money on computer.

The bank's research found that half of Bitcoin owners suffer from volatility, hacks and scams