Insurance for DAOs | April 23, 2024 Decentralized Autonomous Organizations and the Need for Specialized Insurance Decentralized Autonomous Organizations (DAOs) represent a novel form of organizational structure built on blockchain technology, characterized by decentralized governance and operation without traditional management hierarchies. While DAOs offer numerous advantages such as transparency and global collaboration, their unique nature The post The Emergence of Insurtech Solutions for DAOs first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Binance | April 23, 2024 Binance is facing a class action lawsuit from Canadian investors seeking damages and recission Binance (Binance Holdings, Binance Canada Capital Markets, and Binance Canada Holdings) is facing a class-action lawsuit in Ontario, Canada for selling crypto derivatives to retail investors without proper registration, a violation of local securities laws. On The post Canadian Investors Lead Class Action Against Binance Canada first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Crypto Innovation | April 23, 2024 Bitcoin Runes launch coincides with the halvening event sending average transaction fees soaring The Bitcoin halving completed last Friday evening, a pre-scheduled technical event designed to reduce the Bitcoin block reward by half, coincided with the launch of a new fungible token protocol, Bitcoin Runes, by Casey Rodarmor, expanding The post Q&A: Bitcoin Runes Protocol Launches During Halving Event first appeared on National Crowdfunding & Fintech Association of Canada ..read more

April 23, 2024 A decade earlier face-time was just taking off, and everyone was not into video calls. Today, influencers go live and interact with their audience, business meetings happen across time zones, applications for loans are filled any time of the day through omnichannel service options, and we even scan the menu card in The post Importance of eNotes In The Digital Mortgage Ecosystem first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Crypto | April 22, 2024 Worldcoin Unveils Layer-2 Blockchain 'World Chain' Focused on Human-Centric Verification The latest update on Sam Altman's Worldcoin is that the Worldcoin Foundation has announced the launch of World Chain, a permissionless, open-source Ethereum layer 2 blockchain expected to debut in mid-2024. This new blockchain is deeply integrated with the Worldcoin The post Worldcoin Launches ‘World Chain’ for Human ID. first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Privacy | April 22, 2024 Front Line of Digital Privacy Debates:  FISA 702, U.S. Bank Secrecy Act, and IP Addresses The landscape of digital privacy has seen significant legal and ethical transformations, raising critical debates about citizen rights and data security. Below we look at three debates in the that illustrate the ongoing battle for The post The Battle for Privacy in the Digital Age first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Chainlink | Release | April 22, 2024 Chainlink Launches Transporter, Elevating Cross-Chain Crypto Security Chainlink has officially released Transporter, a new application designed to facilitate secure and efficient cross-chain cryptocurrency transactions. Transporter is built on the Chainlink Cross-Chain Interoperability Protocol (CCIP), renowned for its security. The application features an intuitive user interface (UI) that simplifies The post Chainlink Transporter Launches: Secure Cross-Chain Crypto Bridging first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Crypto | April 21, 2024 Canada to enforce cryptoasset reporting by 2027 to align with global standards and enhance financial transparency The Canadian government declared in the 2024 federal budget its plans to adopt the Crypto-Asset Reporting Framework (CARF), which was approved by the OECD in August 2022. The framework was developed by the OECD The post Canada to Enforce Cryptoasset Reporting by 2027 first appeared on National Crowdfunding & Fintech Association of Canada ..read more

April 19, 2024 Sorting and organizing make daily routines easy for everyone. Instead of piling on clothes, when we arrange our wardrobe, we don’t get late because of missing socks or a favorite tee. Similarly, in a business place, sales are affected drastically by category management procurement. Things can go haywire if there is no The post How Does Category Management Help Reduce Procurement Costs? first appeared on National Crowdfunding & Fintech Association of Canada ..read more

Taxes and Innovation | April 19, 2024 In the 2024 federal budget, Canada proposed significant changes to the capital gains tax, specifically increasing the inclusion rate to 2/3 for gains exceeding CAD 250,000. This policy shift is poised to have profound implications that have sparked a country wide debate.  The 2024 Canadian federal budget proposed The post Canada’s Capital Gains Tax Changes Sparks Economic Debate first appeared on National Crowdfunding & Fintech Association of Canada ..read more