Day: July 27, 2015


Bitcoin Bit: What’s a Bitcoin Wallet? No Comments

There have been many articles and posts made in many locations about wallets and how to use them. Every version of this information seems to cover the basics yet they all describe things differently. Since there are still new Canadians drawn daily to the benefits of using Bitcoin and cryptocurrency we are going to take a shot at our own version of the topic and apply our findings to how they bene...

Amber D. Scott, Compliance Nerd

Ask Amber: FINTRAC Registration No Comments

Hey Compliance Nerd! I heard that bitcoin was regulated in Canada, so I tried to register my company as a money services business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).  They wrote back and said that I can’t register because my business is not regulated. I notice that some exchanges in Canada are already registered with FINTRAC though…  Why is thi...