Canadian Watchdog Gives Nod To Nation's "First" Bitcoin Fund House

Josh O'Neill

8 September 2017

Canadian regulators have approved what is supposedly the country’s first investment fund manager dedicated to (BCSC) gave Vancouver-based and other crypto-currencies continue to draw intensified scrutiny from regulators globally because of their potential to facilitate money laundering, as well as risks associated with fraud and cyber-theft.

First Block Capital launched the Canadian Bitcoin Trust last July to offer accredited investors exposure to the price fluctuations of bitcoin through an open-ended unit trust fund.