Canada

SOL Strategies Now Serving as Digital Assets Staking Provider for VanEck Solana ETF

SOL Strategies Inc. (NASDAQ: STKE), a publicly traded company that claims to be the first in combining a substantial Solana treasury with a revenue-generating validator operating business, announced its selection as a staking provider for the VanEck Solana ETF via SOL Strategies’ Orangefin validator. VanEck… Read More

BNPL : PayPal Launches New Buy Now Pay Later Offering for Canadian Consumers

PayPal (NASDAQ: PYPL) announced recently the introduction of PayPal Pay in 41, an interest-free, no-fee, buy now, pay later solution for Canadian consumers. Beginning this festive season, Canadian shoppers will be able to access flexible payments option across online and global lifestyle, consumer, and travel… Read More

Regtech : Sumsub Canada Non-Doc Verification Aims to Streamline Digital Onboarding

Sumsub has launched its Non-Doc Identity Verification solution to Canada, designed to streamline client onboarding while also ensuring adequate compliance with FINTRAC’s AML/ATF regulations. Regtech firm Sumsub further noted that this solution aims to eliminate the need for document uploads, providing businesses in traditional finance,… Read More

Digital Banking : Tangerine and Engine by Starling to Provide Banking Services for Canadian Clients

Tangerine Bank (Canada’s digital bank and wholly-owned subsidiary of Scotiabank, one of the “Big 5” banks in Canada with assets of approximately $1.4 trillion) and Engine by Starling (the Starling Group‘s banking Software-as-a-Service (SaaS) business) announced an agreement to deliver a  banking platform for Tangerine… Read More

Canada’s Federal Budget Includes Open Banking, Payments, Stablecoins as Key Focus Areas

The Canadian Government has released its budget for the year 2025. The budget primarily centers on several major themes, such as: shifting from reliance to resilience, adequately protecting Canada’s sovereignty as well as security, and building a stronger Canadian economy. The budget confirms the importance… Read More

Crypto.com, Universal Digital Partner to Support Treasury Strategy

Crypto.com announced a partnership with Universal Digital Inc., a publicly listed Canadian investment firm committed to expanding access to digital assets across North America as well as Asian markets. The transaction was reportedly carried out via Crypto.com’s “institutional-grade” OTC desk, which provides liquidity, “competitive” pricing,… Read More

Bitcoin Surges to $114,000+ After US-China Trade Talks Make Progress, Ethereum, Altcoins, Stocks Also Rally

Despite Standard Chartered analysts incorrectly forecasting this past week a BTC price drop below $100,000 being “inevitable” over the weekend, Bitcoin surged to over $113,800 on October 24, 2025 following the announcement that the US and China have formally committed to a framework agreement made… Read More

FUTR, Zonetail Debut Canadian AI-Powered Rent Reporting Program

FUTR (TSXV: FTRC) and Zonetail (TSXV: ZONE) this week announced a strategic partnership to launch Canada’s first AI-powered rent-reporting program, enabling renters to build credit and earn rewards simply by paying rent. Rent is the largest monthly expense for millions of Canadians, yet it rarely… Read More

Payments Canada Updates By-Laws to Support Expanded Membership

Payments Canada announced recently that it implemented amendments to By-laws No. 1 and 3. These amendments now aim to reflect key changes to the Canadian Payments Act (CP Act) as well as the introduction of the Retail Payment Activities Act (RPAA). The stated objective of… Read More

Canada Fines Cryptomus Operator $176.9m for Money-Laundering Violations

Canada’s anti-money laundering regulator has imposed a record administrative monetary penalty of C$176.96 million ($130 million) on Xeltox Enterprises Ltd., the operator of cryptocurrency platform Cryptomus, for “egregious and systemic” violations of the country’s financial crime laws. The Financial Transactions and Reports Analysis Centre of… Read More

British Columbia to Ban New Bitcoin and Crypto Mining Projects

British Columbia, which is one of Canada’s largest provinces in terms of overall population, recently noted that it intends to place a complete ban on any new Bitcoin and cryptocurrency mining operations. British Columbia said that it aims to prevent such initiatives from connecting with… Read More

Canada Commits $2.1m For Tokenization, Federated Learning Push

Canada has committed more than C$3 million ($2.1 million) over five years to an Industrial Research Chair in Tokenization at École de technologie supérieure (ÉTS), backing work on advanced tokenization and decentralized federated learning led by Professor Kaiwen Zhang and industry partner T-RIZE Group. The… Read More

iCapital Brings BlackRock Private Credit Investment Solution to Canada

iCapital is bringing a private credit solution offered by BlackRock to market in Canada. This initiative introduces an evergreen investment vehicle designed for accredited investors, available through advisor channels with both CAD-hedged and USD-denominated options. This launch marks the first time Canadian wealth managers and… Read More

Fintech Adyen and SAP Introduce Open Payment Framework and Commerce Cloud Solution

Adyen (AMS: ADYEN), the global financial technology platform for businesses, and SAP, one of the world’s enterprise software providers, have announced the go-live of the SAP Commerce Cloud, Open Payment Framework (OPF). This payment solution is designed to remove the need for manual payment integrations and… Read More

Canada Tops $12 Trillion in Payment Transactions in Past Year with Credit Cards Accounting for 1 in 3 Transfers, Report Claims

Canada reaches $12.2 trillion in payment transactions in 2024, with credit cards accounting for 1 in 3 transactions. This, according to a recent update shared by Payments Canada. Some of the main research report highlights are as follows: Digital payments represented 86 per cent of… Read More

CSA: Canada Proposes to Harmonize Self Certified Investor Exemption

The Canadian Securities Administrators (CSA) has proposed a policy to harmonize the self-certified investor prospectus exemption across all Canadian provinces. In Canada, securities regulation happens only at the provincial level. Obviously, this creates more friction for issuers and investors, but the political will to enable… Read More

Net Zero Banking Alliance to Shut Down Activities

The Net Zero Banking Alliance is shutting down. The announcement comes after several defections from large banking institutions, the Net Zero Banking Alliance stated. The alliance confirmed that it will be shutting down immediately. The closure comes after a reported loss of confidence in the… Read More

VeriPark, DataVisor to Provide Fraud Protection for Canadian Credit Unions

DataVisor, an AI-powered fraud and risk platform, is partnering with VeriPark, a provider of digital banking solutions for financial services, to deliver a joint ongoing fraud and device intelligence solution for VeriPark customers. This collaboration brings fraud protection to credit unions across Canada via VeriPark’s digital… Read More

Canada’s FINTRAC Imposes Administrative Monetary Penalty on KuCoin

FINTRAC announced that it imposed an administrative monetary penalty on Peken Global Limited, also operating as KuCoin. This Seychelles-incorporated foreign money services business operating in Canada was imposed “a penalty of $19,552,000 on July 28, 2025, for non-compliance with Part 1 of the Proceeds of… Read More

Digital Technology Adoption Is Driving Optimism Among Canadian Accounting Firms, Report Claims

In an era where businesses grapple with economic uncertainties, Canadian accounting practices are charting a bold path forward. According to Xero‘s State of the Accounting Industry Report, a shift toward advisory services and accelerated technology adoption has fueled unprecedented optimism. About 80% of practices express… Read More

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