coinsquare

According to Arkham data, at 16:25, 492,500 UNI (worth approximately $3.02 million) was transferred from Galaxy Digital to Coinsquare.

ChainCatcher news, Canadian cryptocurrency exchanges WonderFi (WNDR), Coinsquare, and CoinSmart announced their merger into a single company. The three exchanges collectively have 1.65 million users and hold over $60 billion in assets.It is reported that WNDR's stock price surged after the announcement, currently up 43.75% in early trading, reaching CAD 0.23. (source link)

ChainCatcher news, according to BNN Bloomberg, Coinsquare and WonderFi are in merger talks. If successful, the new company will have approximately 1.15 million users, becoming the largest cryptocurrency exchange in Canada.BNN Bloomberg states that an announcement may be made in the coming days, but it is uncertain whether the deal will be completed. The specific terms and potential valuation are unclear, but one possibility is that Coinsquare shareholders will hold a majority stake in the combined business. (Source link)

ChainCatcher news, Coinsquare has become the first Canadian cryptocurrency exchange to obtain IIROC registration. It is reported that according to regulatory requirements, cryptocurrency exchanges operating in Canada must be registered or at least apply to IIROC, and there is currently a backlog of applications.According to this regulation, Coinsquare's customer funds will be fully segregated and held by licensed and insured custodians. Coinsquare will also be required to report its financial status regularly and maintain sufficient capital for liabilities. Furthermore, in the event of bankruptcy, cash held in customer accounts will be protected by the Canadian Investor Protection Fund.Currently, Coinsquare has over 500,000 users and provides access to more than 40 cryptocurrencies, including over 820 cryptocurrency trading pairs. Since its establishment in 2014, the exchange has facilitated approximately $5.82 billion in trades.

Coinsquare, a Canadian cryptocurrency trading platform, announced that it will acquire all issued and outstanding shares of Simply Digital Technologies (Simply Digital), a wholly-owned subsidiary of CoinSmart Financial, which owns and operates the CoinSmart trading platform.In addition, Coinsquare is applying to become the first cryptocurrency trading platform regulated by the Investment Industry Regulatory Organization of Canada (IIROC) as a dealer and market member, currently in the final stages of approval.Coinsquare was established in 2014 and has raised over $100 million to date. CoinSmart is also headquartered in Canada and provides cryptocurrency trading services. (Source link)