During the session, the Honorable Justice Michael Wood heard testimonies from the four law firms that creditors have turned to for counsel as they seek recovery of funds from the troubled Canadian bitcoin exchange.
Emails suggest that some clients of QuadrigaCX may have received deposits from entities associated with Jennifer Robertson, despite sworn claims that she had nothing to do with the exchange's operations prior to her husband's death.
The court document states, “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access.”
The Canada Elections Act does not prohibit political entities from accepting cryptocurrency contributions. But it lacks clarity in terms of how those donations are accepted, tracked and reported.
Customers will now be able to use the decentralized BRD Wallet to “purchase bitcoin at cost-efficient rates with SEPA bank transfers” within Coinify’s trading platform.
Cameron-Huff said that he is happy to accept bitcoin as payment (as well as fiat) and, in what he sees as another pioneering step forward, he has a fixed-fee payment system for his clients.
The new service for Canadians connects to a user's bank credit and debit card, rounds up every purchase made to the nearest dollar and uses the resulting change to purchase bitcoins automatically.