Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court. Hut 8 said on Jan. ...
Tag: Ontario
Crypto.com delisting Tether to comply with Ontario regulations
Crypto.com announced the delisting of the Tether-issued stablecoin USDT to comply with the financial regulator in Canada. The exchange will cease to offer services relating to the stablecoin in Canada...
Ontario Teachers’ Pension Plan Board Acquires 25% of SSE’s Electricity Transmission Business
SSE PLC has sold a 25% stake in its energy transmission grid unit for $1.8 billion (£1.5 billion) to Ontario Teachers’ Pension Plan Board. The London-listed SSE revealed the plans for a portion of i...
Ontario Teachers Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers Pension Plan (OTPP), one of the third largest investment funds in Canada, announced Friday that it would liquidate its entire position in the beleaguered crypto exchange FTX. The ...
Ontario Teachers’ Pension Plan Writes Off $95M Exposure to FTX
9 seconds ago | 2 mins read Exchange News Investments are made on behalf of 333,000 active and retired educators via the OTPP. Last Monday, FTX initiated Chapter 11 bankruptcy protection. Canada’s thi...
Ontario Teachers’ Pension Plan Writes Down $95M FTX Investment
The Ontario Teachers’ Pension Plan has written down its 95 million FTX Investment after the exchange collapsed amid a liquidity crisis. In a statement, the fund revealed ownership of 0.4% in FTX.com a...
Ontario Teachers’ Pension Fund Writes Down Entire Investment in Bankrupt Crypto Exchange FTX Citing ‘Potential Fraud’ – Featured Bitcoin News
Ontario Teachers’ Pension Plan (OTPP), one of the largest pension plans in the world, is writing down its investment in the bankrupt crypto exchange FTX. “Recent reports suggest potential fraud conduc...
Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zero
It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is ...
Ontario Teachers’ Pension Plan to write down $95 million FTX investment to zero
The Ontario Teachers’ Pension Plan (OTPP), one of the most important pension funds in the world, will write down all of its $95 million investment in FTX and FTX US. The OTPP had invested ...
Ontario Teachers Sunk $95M in FTX—Pension Fund Says Collapse Will Have ‘Limited Impact’
The Ontario Teachers’ Pension Plan says the $95 million it invested in FTX Trading and FTX US will have a “limited impact” on the plan. The investment represents 0.05% of its total net assets, t...
Ontario Teachers Fund Sank $95M in Failed FTX Empire
In Ontario, a teachers’ pension fund is swept up in the current crypto crisis following sizable investments in FTX over the past year. The Ontario Teachers’ Pension Plan Board, which oversees the fund...
Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility
Ontario Teachers Pension Plan (OTPP), Canada’s major professional pension fund plan company, has disclosed that its bet on FTX trading carries the lowest risk in the entire crypto asset class, R...
Ontario Securities Commission Flags Kucoin, Other Crypto Firms as Unregistered
The Ontario Securities Commission (OSC) today issued an alert flagging 13 companies that “are not registered to deal or advise in securities in Ontario,” including the Seychelles-based MEK Global Limi...
Ontario Securities Commission Warns Unregistered Exchanges
Exchange News The OSC imposed trading restrictions in 2021 on centralized crypto exchanges. Binance declared in March of this year that it will no longer accept Ontarian residents. A total of 13 firms...
Ontario securities regulator warns against Kucoin in latest alert
The Ontario Securities Commission (OSC) has issued another consumer alert calling out a swath of crypto firms, including Kucoin and its affiliates, for not being registered to deal in the Canadian pro...
Ontario crypto exchanges set a 30K CAD buy limit on altcoins
Cryptocurrency exchanges based in Canada are imposing an annual buy limit of 30,000 CAD for restricted coins. The limit that applies to Ontario-based users has been imposed to protect consumers as Can...
Ontario crypto exchanges impose $30K CAD annual limit on altcoin buys
Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid ...
Ontario Exchanges Impose CA$30,000 Annual Buy Limit on Altcoins
Canadian cryptocurrency platforms Newton and Bitbuy are enforcing an annual buy limit of CA$30,000 on most altcoins for users in Ontario. According to Toronto-based Newton, the limit will apply to wha...
Ontario crypto exchanges impose $30K CAD annual limit –
The new buy limits are intended to better protect crypto investors They aim to make investors more aware of the risks associated with crypto assets The limit resets every 12 months from the first purc...
Ontario regulator includes crypto firms in latest consumer protection alert
The Ontario Securities Commission (OSC) included a number of crypto firms in a consumer alert that called out companies not registered to deal in the Canadian province. The OSC’s investor warnin...
Hut 8 Purchases 5,800 Mining Rigs to Improve Productivity in Ontario
Hut 8, a Bitcoin mining company based in Canada, announced on Wednesday that it has bought 5,800 mining machines for its Ontario facility. With the latest purchase, these mining rigs to its fleet at i...
Ontario Tech Firm Plans Car Use Reduction By Gifting $3,500 E-Bikes To 54 Staffers
Tern HSD e-cargo bike. Mobility Holdings Inc Fifty staff of London, Ontario, digital agency Northern Commerce will be presented with $3,500 e-bikes at a presentation on Sunday, June 26. Only one of th...
Bybit enters into settlement agreement with Ontario Securities Commission
Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset tradin...
Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement
6 hours ago | 2 mins read Exchange News Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues me...
KuCoin Fails to Comply With Ontario Regulator OSC, Faces Ban
6 hours ago | 2 mins read Exchange News Both Bybit and KuCoin, were found to violate securities laws. Charges of USD 2,000,000 and $96.5K have also been filed against KuCoin. KuCoin has been permanent...
Crypto Miner Hut 8 Launches New Facility in Ontario, Bitcoin Mining Production Remains Robust
On Monday, Hut 8 Mining Corp, a Bitcoin mining company, published its Bitcoin (“BTC”) production and miner installation updates for May 2022. Based on the latest report by Hut 8 Mining Corp, the crypt...
Payments Solutions Provider Paysafe To Power Private Gaming Operators In Ontario
Motley Fool Why Penn National Gaming Fell 17.4% in March Shares of Penn National Gaming (NASDAQ: PENN) fell 17.4% in March, according to data from S&P Global Market Intelligence. Notably, PennR...
Why Ontario Is Sports Betting’s Next Highly Coveted Market
Ontario residents will be able to bet on the Toronto Maple Leafs beginning April 4. (Photo by Kevin … [+] Sousa/NHLI via Getty Images) NHLI via Getty Images Nevada was the first king of the spor...
Binance Commits To Ontario Shutdown, Will Block New Accounts
Binance, the world’s largest crypto exchange, said it will stop opening new accounts in Ontario, as part of a commitment to the Ontario Securities Commission (OSC) to cease operations in Canada’s most...
Binance Set to Cease Operations in Ontario Amidst Regulatory Scrutiny ⋆ ZyCrypto
Advertisement     Binance submits an undertaking to cease operations in Ontario. The exchange had previously declared it was leaving the region at the end of last year...