As an Entity that is going through or that needs to go through a financial statement audit, you must wonder how the auditors come up with their audit fees. There are plenty of factors auditors consider while providing a quote for a cryptocurrency audit engagement. This blog post will highlight why some audits can be...Read More

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

Catallaxy is delighted to announce the integration of the Monero blockchain (XMR) into our cryptocurrency audit practice. We have both onboarded Monero’s software and successfully completed our assessment of risks to financial statements. With our own synchronized copy of the ledger (or “node”), we can provide auditors with assurance regarding the assertions of existence, ownership...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

3iQ became the first Canadian fund manager to receive initial approval to launch a closed-end bitcoin fund on the Ontario stock exchange: a global first. This long-term process is the culmination of close collaboration between several entities, including Raymond Chabot Grant Thornton and Catallaxy, under the leadership of Louis Roy. Louis Roy, Assurance Partner at...Read More

Blockchain, cryptocurrencies, digital assets… You may have heard colleagues, clients or others talk about them and wondered what they were. Before going any further, here are a few basic concepts. What is a blockchain? A blockchain, or chain of blocks, is a new, secure and transparent data storage and transmitting technology. The general public still...Read More

On November 7, 2019, Catallaxy, a Raymond Chabot Grant Thornton subsidiary in blockchain technology and Concordia University, with the financial support of the National Sciences and Engineering Research Council of Canada, proudly announced the Industrial Research Chair in Blockchain Technologies. In an interview with Alain McKenna of Les Affaires, Louis Roy, president of Catallaxy and...Read More

PRESS RELEASE Montréal, November 7, 2019 – Concordia University, Raymond Chabot Grant Thornton and its blockchain technology subsidiary, Catallaxy, with the financial support of the Natural Sciences and Engineering Research Council of Canada (NSERC), have joined forces to create the new Raymond Chabot Grant Thornton-Catallaxy-Concordia-NSERC Industrial Research Chair in Blockchain Technologies. This innovative partnership will...Read More