Canada
Microsoft Urges Shareholders to Vote Against Bitcoin Proposal
Bitcoin is trading flat around the $68,000 threshold while options traders weigh a price increase to $100,000 by the end of 2024. Plus, Microsoft urges shareholders to vote against a proposal that assesses bitcoin as a diversification investment and crypto custodian Balance wants to bring Canada’s crypto ETF assets back to the country. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Coinbase Expands Crypto Services Into Canada
Coinbase is expanding its crypto services to Canada. This comes after the exchange praised the country's approach to crypto, compared with the U.S.’s lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the state of crypto in the land of the maple leaf.

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve; Nike Teams Up With EA Sports
CoinDesk's Jennifer Sanasie presents the major stories shaping the crypto industry on "CoinDesk Daily" as MakerDAO’s community voted to ditch $500 million Paxos Dollar (USDP) stablecoin from the lending protocol's reserves. Plus, insights on Kraken's gains in customer deposits in Canada following the departure announcements of its rival exchanges including Binance and OKX. And, a closer look at the partnership between Nike Virtual Studios and video game developer EA Sports.

Kraken’s Canada Customer Deposits Rose After Binance, OKX Plan to Leave
Cryptocurrency exchange Kraken is reaping the benefits of staying in Canada after rivals such as Binance and OKX said they plan to withdraw. Kraken’s customer deposits in the country grew by 25% in the weeks following Binance’s announced departure in early May, according to data sent to CoinDesk from a Kraken representative. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Coinbase Praises Canada’s Crypto Approach Amid U.S. Regulatory Pressure
Crypto exchange giant Coinbase (COIN) says it loves Canada, where the rules have been set out and companies are able to engage with the regulators, compared with the United States' lack of clarity and regulation by enforcement for the industry. "The Hash" panel discusses the outlook for Coinbase and the wider implications for crypto exchanges amid intensifying regulatory pressure in the U.S.

Bitcoin Moves Sideways, Trading Around $27K
Bitcoin (BTC) and ether (ETH) are both trading below their 20-day moving average. 3IQ CEO Fred Pye joins "First Mover" to discuss the fairly quiet price action across the crypto market. Plus, insights on the increasing regulatory tensions in Canada as crypto exchange Binance announced its plans to exit the country.

Canadian Crypto Exchanges WonderFi, Coinsquare, CoinSmart Confirm Plans to Merge
Canadian crypto exchanges WonderFi (WNDR), Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chairman Kevin O'Leary and WonderFi President Dean Skurka weigh in, explaining why Canada "may be the guinea pig that is forging forward with all kinds of regulation that is effectively working."

Kevin O'Leary on Future of Crypto Exchanges, Regulation
A trio of Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart are confirming plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chair Kevin O'Leary and Dean Skurka, President and Interim CEO of WonderFi, discuss the move and how Canada, as a crypto "guinea pig," offers regulatory clarity in ways that the U.S. doesn't. O'Leary also weighs in on the recent regulatory scrutiny Binance and Coinbase are facing in the U.S.

Kevin O'Leary: I No Longer Have Interest in Going to War With Regulators
A trio of Canadian crypto exchanges revealed plans to merge to create what could be one of the world's largest crypto trading platforms. O'Leary Ventures Chairman Kevin O'Leary, also the strategic advisor for one of these exchanges WonderFi (WNDR), weighs in on the regulatory landscape in Canada saying the country "may be the guinea pig." Plus, he shares his general outlook on crypto regulation.

Three Canadian Crypto Exchanges Gear up to Merge; Internet Computer Issues 'Liquid Bitcoin'
Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart have revealed plans to merge, creating what would be one of the world's largest crypto trading platforms. Plus, the Dfinity Foundation, a significant contributor to the development of the Internet Computer network, issued ckBTC – a liquid and cost-efficient “twin” token that is backed on a 1:1 basis with bitcoin (BTC).
