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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.