Will the world’s first FinTech law in Canada drive venture capital away?

This week, the Parliament of Canada implemented the world’s first national law governing digital currency financial transactions run off the Blockchain and the world’s first treatment in law of the subject matter under national anti-money laundering law. Bill C-31, An Act to Implement Certain Provisions of the Budget Tabled in Parliament on February 11, 2014 […]

Read more...

Canada implements world’s first national digital currency law; regulates new financial technology transactions

On June 19, 2014, the Parliament of Canada approved the world’s first national law on digital currencies, and certainly the world’s first treatment in law of digital currency financial transactions under national anti-money laundering law. Canada’s Governor General gave Royal Assent to Bill C-31, An Act to Implement Certain Provisions of the Budget Tabled in […]

Read more...