This week on Finovate Global we’re taking a look at some recent fintech developments in Canada. On the fundraising front, embedded wealth management platform OneVest announced a $3.9 million (CAD $5 million) seed funding round this week. The investment was led by Luge Capital and takes the Canadian fintech’s total funding to $5.5 million (CAD Read more...
Amid ongoing issues between Russia and Ukraine, Bitcoin took a major hit in the past few days. The digital asset crashed from $40,000 to as low as $34,000 in the last 7 days.
The Ontario Securities Commission has reported Kraken CEO Jesse Powell and Coinbase CEO Brian Armstrong to law enforcement agencies for voicing their opposition against the Canadian government’s Emergencies Act. Powell and Armstrong under investigation In response to the Freedom Convoy protests, Canadian Prime Minister Justin Trudeau invoked the Emergencies Act for the first time since […]