Canadian Regulators Want Laboratoire Blockchain Investors to Come ForwardCanadian regulators have frozen the assets and activities of a blockchain firm and instructed investors to step forward. The AMF (Autorité des marchés financiers) issued a statement described as a “call to investors” regarding the company in question, Laboratoire Blockchain Inc, as well as three affiliated individuals.
Quebec Approves Energy Rate Hikes for Bitcoin Mining FirmsBitcoin mining firms looking to set up shop in Quebec will now have to pay more for electricity. This is after the energy regulator of the Canadian province, Régie de l’énergie, gave the region’s utility firm, Hydro-Quebec, the go-ahead to impose a deterrent tariff that will see
40 Percent of Ontario Cryptocurrency Investors Have Sold All Their CoinsA survey conducted in Canada’s Ontario province has sought to shed light on cryptocurrency investing habits in the region as well as the views of financial consumers and their understanding of the nascent technology. The study, which was compiled by the Ontario Securities Commission’s Investor
Quebec Blogger Slams Government For Dissing Crypto MiningThe Quebec government’s recent actions to disconnect cryptocurrency mining from the region has drawn criticism from Francois Remy, head of the digital desk at Les Affaires, a Quebec newspaper, in a recent blog. Quebec Premier Philippe Couillard has said the bitcoin miners planning to move to the region
The post Hydro-Quebec Mulls Higher Rates as Bitcoin Miners’ Demands Surge appeared first on CCN Rising demand for Montreal’s low-cost hydroelectric power among bitcoin miners could spur higher electricity rates. Hydro-Quebec revealed it may consider hiking the cost for bitcoin miners given a flood of pent-up demand in the region, which would thwart the plans of