Bitcoin News in Quebec
Montreal City Council Considers Accepting Bitcoin for Tax Payments
Montreal City Council is considering a proposal to accept Bitcoin for tax payments. The proposal was put forward by Mayor Valérie Plante, who has expressed interest in making Montreal a major player in the digital currency ecosystem. If approved, Montreal would become the first major city in Canada to accept Bitcoin for tax payments.
HEC Montréal Launches Blockchain Research Lab
HEC Montréal, one of Canada’s leading business schools, has launched a new blockchain research lab. The lab will focus on research and development in the areas of blockchain technology, cryptocurrencies, and distributed ledger technology. The lab is led by Dr. Jean-Philippe Décarie, a professor in HEC Montréal’s Department of Finance.
Quebec Government Invests in Blockchain Projects
The Quebec government has announced a $5 million investment in blockchain projects through its INNOV-ACCELERATE program. The program provides funding to businesses and researchers working on innovative projects in various fields, including blockchain technology. The government hopes that this investment will help to foster the growth of the blockchain ecosystem in Quebec.
Montreal Company Launches New Bitcoin Exchange
BitBuy, a Montreal-based company, has launched a new Bitcoin exchange. The exchange allows users to buy, sell, and trade Bitcoin using Canadian dollars. BitBuy is one of the first Bitcoin exchanges in Canada to be regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
Quebec Government Releases Guidelines for Bitcoin Businesses
The Quebec government has released new guidelines for businesses that operate in the Bitcoin ecosystem. The guidelines provide information on the legal and regulatory requirements for Bitcoin businesses in the province. The Quebec government has also established a new working group to develop a more comprehensive regulatory framework for Bitcoin.
Outlook for Bitcoin in Quebec
The Bitcoin ecosystem in Quebec is growing rapidly. The city of Montreal is considering accepting Bitcoin for tax payments, HEC Montréal has launched a blockchain research lab, and the Quebec government is investing in blockchain projects. These developments all point to a bright future for Bitcoin in Quebec. As the ecosystem continues to grow, it is likely that we will see even more innovative and groundbreaking applications of blockchain technology in the province.
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