When Bitcoin was launched, it was designed with an inherent supply cap of 21 million coins and was to be distributed, according to Satoshi Nakamoto (Bitcoin founder)’s words part of a 2008 email posted to a cryptography interest group mailing list, at a constant rate. The exact and precise reasons behind this number are not...Read More
Blockchain technology represents the most important innovation since the advent of the Internet. More specifically, the blockchain technology underlying cryptosystems such as Bitcoin is significantly transforming the landscape of financial transactions. Transactions are automatically created and recorded, and the auditors who process them have access to an immense amount of information. But beyond the benefits,...Read More
With the ever-growing presence and mainstream acceptance that cryptocurrencies and digital assets have been gaining around the world over the past few years, it’s important to understand Canada’s position on the matter. In fact, not only can you find over 20 exchanges in the country, you can now also find over 740+ Crypto-ATMs with high...Read More
The emergence a few years ago of the first cryptocurrencies, like Bitcoin, generated considerable interest amongst businesses. Many invested in or used these new currencies in transactions. Some, like Expedia, Overstock, Lush, Microsoft, PayPal, UNICEF, Shopify and Subway, jumped on the bandwagon with the acceptance of cryptocurrency payments. Is your business interested in cryptocurrency payments?...Read More
On October 30, 2019, 3iQ, an investment fund manager specializing in new technologies and crypto-assets, received a favourable ruling from the Ontario Securities Commission to create the country’s first regulated crypto-currency fund: The Bitcoin Fund. “We are particularly proud to have supported 3iQ in this process. In recent years, Catallaxy and Raymond Chabot Grant Thornton...Read More
Catallaxy, Raymond Chabot Grant Thornton’s subsidiary takes its blockchain and cryptocurrency expertise worldwide with the signing of a partnership agreement with Grant Thornton member firm in Switzerland and Liechtenstein. Under the agreement, Catallaxy will serve as expert in their projects involving cryptocurrency auditing over the next two years. Additionally, the Swiss/Liechtenstein firm wants to use...Read More
With the emergence of blockchain technology, CPA Canada has created a working group to explore different auditing approaches and the risks relating to cryptocurrencies and blockchain. Louis Roy, President of Catallaxy and Partner of Raymond Chabot Grant Thornton clarifies, in a video discussing the prospects for CPAs in terms of blockchains, that since this is a...Read More
Catallaxy is participating in the production of the first white paper on distributed registries and blockchain in Quebec by contributing its blockchain technology expertise. The first ever report is an initiative of the Institut de gouvernance numérique (IGN). With a steering committee composed of university representatives, entrepreneurs, lawyers and public bodies such as the Ministère...Read More
