Category: Other

Amber D. Scott, Compliance Nerd

Ask Amber: Grace Period for MSB Licenses from Quebec’s AMF? No Comments

Hey Compliance Nerd! I want to start serving clients in Quebec. I've already got a respondent, since I don't have offices in Quebec...  but my respondent is telling me that it could take as long as six (6) months to get a license under Quebec's MSB Act?!? What's up with the time that this takes?  Is there a "grace period" or something that would let me start serving clients ASAP once I've submi...

NewsBTC CA Amber

Ask Amber: Are AML Clearance Certificates a Scam? No Comments

Hey Compliance Nerd! I got an email from a customer asking for an “AML Clearance Certificate” from us. The customer’s email said that this was something that their bank had requested, and that once they had it, they would start doing a lot more trading. They even sent us a link to a site that would apparently issue the certificate once background checks were conducted, but something didn’...


Cryptocurrency Christmas – Bitcoin for the Holidays No Comments

What's the proper cryptocurrency Christmas gift for the Bitcoiner who has everything? If you're having difficulties finding the perfect gift for the cryptocurrency enthusiast in your life, here are some suggestions to help your search: For the Caffeinated   For the Fashionista

NewsBTC CA Amber

Voluntary FINTRAC Reporting No Comments

Hey Compliance Nerd! We buy and sell Bitcoin and a few altcoins in Canada, but we’re not a regulated entity under Canada’s AML rules. When we think that something shady is happening, we stop dealing with certain customers… Should we also be telling anyone about it if we suspect that there may be money laundering involved? We’re not sure who to talk to, and we want to make sure that we...


What Can You Buy with Bitcoin? No Comments

Are you dreaming of a Crypto Christmas? I am and I hope you will enjoy my look at spending your bitcoins. The holiday season is coming with numerous merchants; many store giants with enormous amounts of dollars in earnings, thinking of accepting bitcoin in return for goods and services. Most are online e-commerce websites, but lots of bricks-and-mortar shops are now recognizing cryptocurrency....


The Demise of Television. How will money and media work in the future? No Comments

The nature of media, how it is created and how it is consumed changes constantly as technology moves forward. The distribution of media has been forever impacted by the Internet and the ability for people to instantly, flawlessly replicate media and send it anywhere in the World. This has created an array of products and services that have transformed the way we all consume information and entert...

Buying Bitcoins

Why We Should Use Bitcoins No Comments

Thank you for taking the time to read my post. Bitcoin is a pretty new type of currency which is gaining acceptance, but most people yet do not know why they need to take time to make use of it. In this article I will be discussing why using bitcoin is beneficial and why more people should start using them. Why use bitcoin? Listed here are reasons why it is worth spending time to participate in...


Has The Internet of Things Yielded The Hackerproof Phone? No Comments

Has the Internet of Things yielded the Hackerproof Phone? Of course nothing is hackerproof but it's always interesting to see how companies try to innovate in this space. Blockchain technology continues to grow as the potential solution to all of the World's computing problems but can it change the way we use our cell phones and store data? The people at Turing Robotics Industries have a phone th...


Decentralized Apps for Beginners – What is a dApp? No Comments

What is a dApp? Decentralized apps are a new type of software program designed to exist on the Internet in a way that is not controlled by any single entity. Where bitcoin is a decentralized value exchange, a decentralized application aims to achieve functionality beyond transactions that exchange value. Many types of decentralized apps are starting to emerge as blockchain technology continue...


8 Things You Should Know About Bitcoins No Comments

8 Things You Should Know About Bitcoins by Jeanie Freshie Thank you for spending your reading time with another of my articles about Bitcoins. The more I learn about Bitcoin the more interesting it gets... Bitcoin continues to grow in popularity and there are lots of things to know about Bitcoins. The digital currency is the first decentralized digital currency and includes a great ecosyste...