SEC Goes After Canadian Unicorn

The U.S. Securities and Exchange Commission is charging Kik Interactive Inc. for illegally distributing US$100-million of digital tokens in 2017. Kik Interactive, Inc. develops smartphone messaging applications for iPhone, Android, Windows Phone, and BlackBerry. Its Kik Messenger enables users to talk to friends, and browse and share various Websites with friends. Kik is among few … Continue reading SEC Goes After Canadian Unicorn

Vancouver Potentially Cracking Down on Bitcoin ATMs

Police in Vancouver say that Bitcoin ATMs are used for money laundering and must be stopped. Vancouver Mayor agrees with them. Bitcoin users say that federal rules need to be set for bitcoin across Canada. Unlike banks and money lending services, bitcoin machines are not covered by federal anti-money-laundering regulations. ‚ÄúRegulate the use and operation … Continue reading Vancouver Potentially Cracking Down on Bitcoin ATMs

Lyft is launching in Montreal soon

Montreal is slowly catching up to Toronto. Lyft has mentioned that they are looking to add Montreal to their list of Canadian locations where they operate. They have been operating in The Greater Toronto area since the end of 2018. They also have recently launched their service in Ottawa. Lyft mentioned that they potentially will … Continue reading Lyft is launching in Montreal soon

Uber to remove users with low ratings in Canada

Uber will start removing users whose ratings it finds unacceptable. Uber mentioned that they will notify users several times to improve their rating before kicking them off. If Uber removes your account due to your rating, you will also lose access to Uber Eats as well as Jump scooter app. “Respect is a two-way street, … Continue reading Uber to remove users with low ratings in Canada

Federal Government Starts Subsidies on Electric Cars across Canada

If you are shopping for electric cars, today is a great day to buy one as the government of Canada starts subsidizing electric cars across Canada no matter where you are in Canada, British Columbia to PEI. We have recently written about the $5,000 subsidy and criticized the government for only providing subsidies on cars … Continue reading Federal Government Starts Subsidies on Electric Cars across Canada

Facebook Scolds Canada

Canadian regulators said that Facebook’s weak privacy protection was to blame for millions of users’ data being exposed. Canadian privacy commissionaire said that Facebook broke national and provincial regulations when it came to sharing user data with third parties. Facebook flat-out refused to agree with the Canadian government’s legal findings and refused audits of its … Continue reading Facebook Scolds Canada

Uber in Canada Wants You To Be Safe

Uber is in the news a lot lately due to passengers’ major safety issues. To counter image that Uber is unsafe, Uber has decided to launch in-app safety feature that will be rolled out in Canada and USA first. So why is Uber launching this safety feature now? Because a lot of Uber app users … Continue reading Uber in Canada Wants You To Be Safe

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