Canadian University: Blockchain Can Solve EV Charging Trust Problem

EV charging infrastructure expansion could get a boost from a trust-minimizing solution


Source: cointelegraph
Canadian University: Blockchain Can Solve EV Charging Trust Problem

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Canadian regulator issues warning about offshore crypto company

The Nova Scotia Securities Commission has issued an investor alert on August 7th, cautioning investors about a foreign company by the name of aGiftapp, which is currently in the middle of holding an ICO for its aGiftToken. According to the warning, aGiftapp is not registered in Nova Scotia and therefore does not have the […]
Source: bitcoinwarrior
Canadian regulator issues warning about offshore crypto company

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Canadian Bitcoin Educator Outwits Scammer, Donates Money to Charity

A scammed a scammer and sent the money to charity


Source: cointelegraph
Canadian Bitcoin Educator Outwits Scammer, Donates Money to Charity

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Canadian Crypto Owner Duped Out Of $240,000 In An Employment Scam

scams again seem to be on the rise in 2019 as the currency its use cases and adaptability increases. There seems to be news of a new scam victim in Canada. Scammers stole over $240,000 from the of Edmonton. 748 people across Canada lost more than $17 million to online dating scams in […]
Source: bitcoinexchangeguide
Canadian Crypto Owner Duped Out Of 0,000 In An Employment Scam

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Canadian Pacific (CP) Transcontinental Railway Aligns with Blockchain in Transport Alliance (BiTA)

There was never any doubt that would revolutionize the world in tremendous proportions. The latest to embrace this exciting technology is none other than Canada’s , . is part of the Blockchain in Transport Alliance (BiTA), a member-driven organization comprising of companies in the freight, transportation and logistics businesses. This […]
Source: bitcoinexchangeguide
Canadian Pacific (CP) Transcontinental Railway Aligns with Blockchain in Transport Alliance (BiTA)

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Canadian Transcontinental Railway Joins Blockchain in Transport Alliance

A has joined the in Transport Alliance to drive supply chain improvements


Source: cointelegraph
Canadian Transcontinental Railway Joins Blockchain in Transport Alliance

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Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

The Supreme Court of Nova Scotia ordered to approve the activities, fees and disbursements incurred by firms in the ongoing proceedings of QuadrigaCX


Source: cointelegraph
Canadian Judge Approves .6M in EY, Legal Firm Fees in QuadrigaCX Case

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Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

Canadian Judge Approves $1.6M in EY, Legal Firm Fees in QuadrigaCX Case

This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the , decentralized applications, the internet of finance and the next gen […]
Source: cryptonewsmonitor
Canadian Judge Approves .6M in EY, Legal Firm Fees in QuadrigaCX Case

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Residents Of A Canadian City Will Soon Pay Property Tax Using Bitcoin (BTC)

Canada Bitcoin

At first, governments assumed didn’t exist. When cryptocurrencies use became rampant, governments were divided on whether to ban, be patience, or adopt and regulate. Until today, most governments have chosen to take a step back and monitor. However, a few like China have opted to ban, while others such as Japan, South Korea, the UK, USA, and Canada, are in agreement that Bitcoin and cryptocurrencies are here to stay.

Bitcoin
for Property Taxes

Well, Canada is the latest to allow its burgeoning cryptocurrency community to pay property taxes using Bitcoin. in the country’s of Richmond Hill will soon be allowed to pay their taxes in Bitcoin.

According to Carmine Perrelli, deputy mayor,
Richmond Hill:

“Any Richmond Hill resident who wants to pay with cryptocurrency will go through a mediating company, and those people will convert the cryptocurrency into currency. We want to give our citizens and our residents every opportunity to pay with whatever currency they have.”

Although the deputy mayor noted that the city
doesn’t have a vast cryptocurrency following, he admitted that some city
residents are “curious about it ().”

There’s
No Risk in Accepting Bitcoin

Perrelli continued to note that the city was
initially worried by the crypto price fluctuations, risks, and cost.
Fortunately, from the City of Richmond Hill’s “perspective, there’s no risk,
there’s no cost, and all we’re doing is providing an extra level of service.”

For the deputy mayor, even though the cryptocurrency
prices fluctuate, the city will not bear the risk since they are using a
mediator who interfaces with the taxpayers. In tow, Innisfil, another in
Canada, already accepts Bitcoin to pay taxes.

According to Innisfil’s mayor, Lynn Dollin,
although they enabled tax payment in Bitcoin, they weren’t expecting any of its
residents to use the option. Surprisingly, two individuals have adopted the
option which “is about being future-ready.”

Unfortunately, not all in Canada have the same view as the government. For example, Andreas Park, an associate professor of finance, of Toronto, said:

“It could be a cryptocurrency, but it would be a stable coin. A stable coin means essentially it is something which is the same thing as the Canadian dollar, except that it lives on the . Why can’t the people who have the Bitcoin, why can’t they convert it into Canadian currency and then send them the Canadian currency? Why are we spending resources, even thinking about this?”

Bitcoin
for Taxes Common in US

Apart from Canada, the United States is also
at the forefront in enabling crypto enthusiasts to use Bitcoin to pay for their
taxes.

Towards the end of 2018, the US state of Ohio passed a bill that allows the state’s authorities to accept tax payment in Bitcoin. Notably, the bill enables payment of everything “from cigarette sales taxes to employ withholding taxes with Bitcoin.”

In early 2018, the senate of the US state of Arizona allowed its residents to use Bitcoin when paying their Income tax. However, the bill was later clouded with controversies and called for more consultations.

According to the Arizona State Representative,
Jeff Weninger:

“[The bill] is sending a signal to everyone in the United States and possibly throughout the world that Arizona is going to be the place to be for blockchain and digital currency technology in the future.”

Seminole County, Florida, adds to the mounting
number of jurisdictions accepting cryptocurrency for tax payments. To Joel
Greenberg, the county’s tax collector, this is one way to “bring government
services from the 18th century into the 21st century is the addition of
cryptocurrency to our payment options.”

Notably, countries all over the world are
considering activating paying taxes with Bitcoin and other cryptocurrencies,
but the ideas are stuck in the legislature.

Canadian town now allows Tax payments in Bitcoin

Canada’s Coinberry has reportedly collaborated with the Richmond Hill, one of Canada’s most populous municipality to accommodate its citizens with the option of paying property tax in the form of cryptocurrency . As per the report, Richmond Hill’s Council cited the provisioning of a choice for the citizens and the businesses for payment of […]
Source: bitcoinwarrior
Canadian town now allows Tax payments in Bitcoin

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