As digital assets gain global acceptance, Canadian cryptocurrency users face shrinking access as Gemini plans to close all customer accounts in Canada by the end of 2024. “Effective December 31, 2024, Gemini will close all customer accounts in Canada with limited exceptions. As a result, we will be closing your Gemini account,” the exchange wrote in an email that was sent to its clientele based in Canada. https://www.kitco.com/news/article/2024-10-01/gemini-exit-canadian-market-close-all-accounts-end-2024

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In recent years, a growing number of people have become captivated by Austrian Economics – specifically Ludwig von Mises, sound money, precious metals, and cryptocurrency. Mises’s ideas continue to resonate with those seeking alternatives to centralized financial systems, and his legacy is a guiding light for the increasing interest in these areas. https://www.activistpost.com/2024/08/love-mises-to-pieces-the-rising-fascination-with-austrian-economics-sound-money-precious-metals-and-cryptocurrency.html

(Kitco News) – Russian lawmakers passed a bill on Tuesday that will legalize the use of cryptocurrencies for international trade as part of the country’s efforts to maintain business activities amid heavy sanctions imposed by Western nations following the country’s invasion of Ukraine. The primary goal of the legislation is to allow businesses to use cryptocurrencies to conduct cross-border payments, with the process being closely monitored and regulated by the central bank. It’s important to note that while the new law allows for cross-border cryptocurrency transactions, it does not lift the existing ban on crypto payments inside Russia. https://www.kitco.com/news/article/2024-07-30/russia-legalizes-crypto-international-trade-sanctions-hurt-imports

President Trump Promises To Make USA The "Bitcoin Super-Power Of The World"; Democrats Panic U-Turn On Anti-Crypto Crusade. In a spirited keynote address, Former President Trump promised to make USA the "bitcoin super-power of the world," ensuring that cryptocurrency is "mined, minted, and made in the USA." "We have to talk about Bitcoin. Our country is blessed with the extraordinary talent and genius in this room.​ This spirit built America and will help us make it great again."​ https://www.zerohedge.com/crypto/why-did-trump-change-his-mind-bitcoin

The exchange noted that a recent survey showed “86% of Canadians agree the Canadian financial system could use an update.” They added that “The majority feel that the system is not fair for everyone (80%), is out of touch (76%) and is designed to benefit corporations (83%) and the wealthy (73%).” Additionally, “72% think that the regulation of cryptocurrency exchanges is important,” and “Nearly a third of Canadians (29%) said they would be more inclined to buy cryptocurrency if there was more regulation in the industry.” To help kick off the platform’s Canadian debut in style, Stand with Crypto held a launch event on Friday in Calgary on the sidelines of the Calgary Stampede. https://www.kitco.com/news/article/2024-07-12/stand-crypto-launches-canada-ahead-2025-parliament-elections

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