Articles for tag: Canada, Cryptocurrency, Cybercrime, financial regulations, money laundering, Russian Exchanges, Sanctions

Market News

How Cryptocurrency is Converted to Cash in Russian Banks: Insights from Krebs on Security

A Canadian financial firm has been identified as a key payment processor for many Russian cryptocurrency exchanges and cybercrime services targeting Russian-speaking users. An investigation revealed that this business operates from a Vancouver address shared by numerous other foreign currency dealers and money transfer services, raising concerns about legitimacy. Blockchain analyst Richard Sanders, who formerly ...

Market News

AI

Canada’s Industry Minister demands an investigation into potential rent-fixing by corporate landlords using AI software YieldStar amid rising rental prices.

In Canada, Industry Minister François-Philippe Champagne is pushing for an investigation into potential rent-fixing by corporate landlords using an AI tool called YieldStar, developed by RealPage. This software has raised concerns as it may allow landlords to manipulate rental prices across the Market. Following a CBC report, Champagne highlighted that this could lead to illegal ...

Market News

Canada and Australia Caught in a Dangerous Population Trap

Canada and Australia Caught in a Dangerous Population Trap: A Warning for Resource-Rich Nations

Canada and Australia, two resource-rich nations, are currently facing similar economic challenges due to unsustainable levels of immigration. This population boom has resulted in poor productivity, overburdened infrastructure, and a per capita recession in both countries. Economists at the National Bank of Canada and independent economist Gerard Minack warn that no increase in living standards ...

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