It may seem early to start thinking about filing taxes, but this year’s return could be particularly time-consuming for Canadians who have flocked to bitcoin and other cryptocurrencies, especially those who don’t realize they owe the government money. No need to worry if you’ve purchased bitcoin but haven’t touched it since. But once that cryptocurrency […]
Find out more
Europe's top economic official speaks about currency moves
Already, other currencies are gaining on the greenback
And where the loonie fits in
A cryptocurrency app that allows users to store, transfer and exchange five major cryptocurrencies, including Bitcoin and Ethereum, will soon be available for Apple and Android. deVere Crypto, from deVere Group, will be available “in a matter of weeks,” says a company release. Nigel Green, deVere Group’s CEO, says in the release that three trends […]
Today in a release, CSA reminds dealers and investors of the inherent risks associated with products linked to cryptocurrencies—including futures contracts. Read: Bubble speculation as bitcoin’s rise continues “While these contracts may be traded on regulated exchanges and may be cleared by regulated central counterparties, the fact remains that their high level of risk will […]
Housing market keeps central bank governor up at night
What's driving and hindering the currency
If you’re interested in investing in bitcoin, here’s the first thing to know: the currency isn’t tethered to the economy, as are fiat currencies, commodities and real estate. Read: Canada to get its first cryptocurrency ETF With fiat currencies, for example, “loss of spending power is a small risk in most developed countries where central […]