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Can Canada's crypto crackdown avoid ending in farce?


The Globe and Mail
Neil Gross
Published April 28, 2021
D-Keine/iStockPhoto / Getty Images
Canada’s securities regulators sent a blunt message to the 600 or so unlicensed crypto-asset trading platforms (CTPs) operating in this country last month. CTPs were told they must register as a marketplace or dealer immediately and bring their operations into compliance with laws that protect investors and promote market fairness very quickly afterward.
Most CTPs just scoffed at this demand. Many are foreign-based platforms. A few of these are big operations; others are basically a guy running a trading floor out of his personal laptop. CTPs’ libertarian vibe is their ethos, and they have little appetite for conforming to Canada’s disjointed patchwork of rules in different parts of this country. Do we really expect them to stick around and bother with all that – for the sake of accessing our puny 3 per cent of the world’s capital markets? ....

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Want to Earn Money in the Digital Currency Market? Learn through this Article


(Photo : Want to Earn Money in the Digital Currency Market? Learn through this Article)
As the digital currencies have gained popularity as a viable means of increasing your wealth, a lot of people have joined it over the time in order to make their share of the money. However, it should be known that not all of these people who enter the crypto market end up making a fortune. This is because of the fact that either some of these people just mainly lose patience and give up on the hassle midway or they become a target or fall victim to the increasing number of crypto scams and hack attacks. ....

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Indian platforms campaign to deter Centre's expected ban on cryptocurrencies


Indian platforms campaign to deter Centre’s expected ban on cryptocurrencies
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NEW DELHI: Domestic cryptocurrency platforms are coming together to launch a new campaign meant to deter the Indian government from banning private cryptocurrencies in the country. The companies have launched a platform called Indiawantsbitcoin.org, which allows anyone to send an email to their respective Members of Parliament (MP), showing support for cryptocurrencies.
The platform contains a ready to send draft email, requiring users to simply select their state and district. The email expresses “delight at the prospect of creating India’s own digital currency, but also claims that the country has 10-20 million crypto users and over 340 startups in the space. The platforms also said that trading volumes in India’s top crypto exchanges have grown by over 500% in 2020. According to data from market research firm Venture Intellig ....

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