Canada    FinTech Guide    Chapter 6

6. Virtual Currency - Bitcoin
Global Overview

FinTechs belonging to this category offer financial services using virtual currencies. The block-chain technology, upon which for example the bitcoin is based, belongs here. FinTechs develop and do research in this field in order to create new services, e.g. new payment services, “smart contracts” or new clearing and settling services.

The following diagram shows the bitcoin price development over the last year compared to the Euro:


Legal and Economic Overview

Search by:

Chapter Index:

1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 August 2019