Canadian Court to Take Custody of Quadrigacx Funds, NYDIG Gets Bitlicense10.95

In recent regulatory news, a Canadian court plans to take custody of $19.5 million of funds that Quadrigacx deposited with the Canadian Imperial Bank of Commerce before they were frozen due to competing ownership claims. Also, New York state regulators have granted the 14th Bitlicense to New York Digital Investment Group, and it has been alleged that the authorities in China have threatened to cut off electricity to miners in Yunnan Province for failing to pass compliance checks.

Also Read: Isle of Man Updates Registration Rules for Cryptocurrency Businesses

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