Bitcoin 

Coinsquare Partners with FlexaHQ to Bring Crypto Payments to Canada

One of Canada’s top crypto exchanges, Coinsquare, has partnered with United States cryptocurrency payments startup Flexa to bring in-store digital currency payments to Canada. In-store crypto payments in Canada The official Twitter account of Canadian cryptocurrency exchange Coinsquare announced on August 13 that the firm partnered with U.S.-based crypto payments startup Flexa. The partnership will reportedly allow the latter company to expand its in-store crypto payment processing services to Canada. Coinsquare noted: “One of the biggest hurdles in mass adoption for crypto is finding a way to let users spend…

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Cryptocurrency 

Coinsquare Acquires StellarX | Canadian Exchange Takes Over

Canada’s largest crypto exchange Coinsquare has acquired the StellarX DEX according to a press release published yesterday. Under the terms of the agreement, StellarX will become a fully-owned subsidiary of Coinsquare and will now need regulatory approval to operate its service under the Coinsquare umbrella. Coinsquare Acquires StellarX Based in Bermuda, StellarX describes itself as “the first decentralized crypto platform with global fiat gateways. You can trade Bitcoin for Euros for Chinese Yuan on StellarX. That’s not possible anywhere else.” Developed as an on-ramp for traders, customers have the ability to deposit fiat money directly…

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Blockchain 

Major Canadian Exchange Coinsquare Acquires Zero-Fee Payment Network StellarX

Major Canadian crypto exchange Coinsquare has acquired StellarX, a Stellar (XLM)-based zero-fee decentralized payment network, according to a press release published on Feb. 14. According to the announcement, Bermuda-based StellarX will be a fully owned subsidiary of Coinsquare and will seek regulatory approval to operate and expand its service under Coinsquare’s compliance. The new acquisition has followed Coinsquare’s recent purchase of private Stellar wallet BlockEQ in December 2018, the press release notes. The firm is reportedly set to be rebranded to become the anchor wallet for the StellarX platform. Megha…

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Bitcoin 

Canadian Crypto Exchange Coinsquare Lays Off 40 Employees

One of Canada’s top crypto exchanges, Coinsquare, is reportedly laying off almost 30 percent of its staff, including its chief financial officer (CFO) and chief operating officer (COO). The news was reported by Canadian startup and technology news platform BetaKit on Jan. 31. Coinsquare did not return Cointelegraph’s request for comment or confirmation by press time. Citing multiple sources, BetaKit estimates the total number of redundancies at around 40 team members — representing 27 percent of the company’s formerly 150-head workforce. A LinkedIn post from Coinsquare’s head of talent, Martin…

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