Kraken Secures Regulatory Approval in Canada, Appoints New North America GM
Cryptocurrency exchange Kraken obtains Restricted Dealer registration from Ontario regulators while announcing new leadership. The milestone enables continued Canadian operations under regulatory oversight, as the exchange reports doubled growth and $2B CAD in managed assets.
Bitdeer's Strategic $141.7M Alberta Power Plant Acquisition Aims to Revolutionize Bitcoin Mining
Bitdeer Technologies Group acquires a 101-megawatt site in Alberta for $21.7M, setting the stage to become the world's first fully vertically integrated Bitcoin mining operation. The ambitious project, featuring advanced SEALMINER A3 machines and carbon utilization systems, is expected to be operational by Q4 2026.
Canadian Oil Company Pivots to Crypto: Centaurus Energy Rebrands as Layer One Inc.
Calgary-based Centaurus Energy announces dramatic transformation from oil and gas to cryptocurrency investments, rebranding as Layer One Inc. The company plans to focus on ETH and SOL investments, with conditional approval from TSX Venture Exchange and aims to secure $25M in financing.
Vancouver Takes Bold Step Towards Bitcoin Integration in City Finances
Vancouver's City Council has approved a pioneering motion to explore Bitcoin adoption as a reserve asset and payment method for municipal services. Mayor Ken Sim leads the initiative with a personal Bitcoin donation, despite regulatory hurdles and environmental concerns.
Canadian Tech Firm Adopts Dogecoin as Treasury Reserve Asset, Echoing MicroStrategy's Bitcoin Strategy
Geometric Energy Corporation is accumulating Dogecoin as a treasury reserve asset, mirroring MicroStrategy's Bitcoin strategy. This unconventional move sparks debate about corporate adoption of meme-inspired cryptocurrencies and potential market impacts.