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Saturday, September 9, 2017

Welcome to Canada, Bitcoin: Regulators Approve First Bitcoin Fund Manager

Welcome to Canada, Bitcoin: Regulators Approve First Bitcoin Fund Manager

The British Columbia Securities Commission (BCSC) has approved First Block Capital Inc.’s first Bitcoin registration.

The Vancouver-based financial institution aims to be a registered fund manager and a market dealer to duly operate and circulate a Bitcoin investment fund in Ontario, Canada and British Columbia.

Canada has been consistently one of the few countries that embrace Blockchain and its potentials.

While other countries threaten to brand ICOs and cryptocurrencies as illegal, Canada has been exploring other possible ways to best regulate and embrace other potential use cases of the technology to improve its public services.


Full story at http://bit.ly/2xVMbJd


Source: CoinTelegraph


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