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The Toronto-based Exchange , which claims $5 billion per year of cryptocurrency trades and over 100,000 customers, has also announced several new appointments to its senior management. Coinsquare onboarded Nicholas Thadaney and Wendy Rudd to its board of directors. Both executives bring lengthy experience in Canadian securities Regulation
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News FP Street Coinsquare executives resign in settlement with OSC over allegations of market manipulation To settle with Canada’s largest markets regulator, Coinsquare admitted to engaging in market manipulation by reporting inflated trading volumes of bitcoin Barbara Shecter Jul 22, 2020 • July 22, 2020 • 3 minute read • Join the conversation
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Today Coinsquare, Canada’s premier cryptocurrency trading platform for trading Bitcoin, Ethereum, and other cryptocurrencies, announced it has acquired StellarX. The acquisition of StellarX comes on the heels of Coinsquare’s December 2018 acquisition of BlockEQ, which will be rebranded to become the anchor wallet for the StellarX platform.
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Coinsquare Engaging with Canadian Regulators. Coinsquare is engaging with Canadian regulators to establish industry standards for online platforms that offer trading in cryptoassets and related financial services. On March 10, 2020, together with four other Canadian-based platforms, we responded to Canadian Securities Administrators’ (CSA .
The Coinsquare settlement comes on the heels of the OSC’s 10-month investigation into the collapse of QuadrigaCX, another Canadian-based crypto exchange. The regulator took the unusual step of releasing its findings on June 11, stating that it was in the public’s interest to reveal the fraudulent activity that had taken place.
Toronto-based crypto trading startup Coinsquare serves as the exchange partner for MogoCrypto, Mogo’s crypto trading platform. Mogo acquired a 39 percent stake in Coinsquare last year. “Regulation of crypto assets remains an evolving process in Canada,” Christy Cameron, Mogo’s VP of investor relations, told BetaKit.
Wash Trading on Coinsquare Allegedly Traced Directly to CEO .
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Coinsquare revealed that it may have experienced a data breach that affected thousands of users last year, the exchange has come under fire once again: this time, the exchange’s chief executive has been accused of orchestrating an illegal wash-trading scheme on the exchange’s platform.
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Air Canada Partners with Winding Tree to Test Blockchain Air Travel Marketplace. By Coinsquare / October 25, 2018. National Bank of Canada Pilots Blockchain-Based Trade Contracts Tool. By Coinsquare / October 24, 2018. 1.
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Coinsquare executives resign in settlement with OSC over .
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