Crypto had a rough weekend. On Sunday, the U.S. Treasury Department announced the closure of New York City-based Signature Bank, bringing the crypto industry closer to being effectively cut off from that country’s banking system. And until it regained its dollar peg on Monday, the fate of USDC, a stablecoin that’s systemically important to parts of the crypto ecosystem, appeared to be in jeopardy. What does it mean, and how will it affect Canada’s crypto sector? Here’s what you need to know.
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.

Shift newsletter
Autonomous vehicles need faster chips. A Toronto startup is trying to solve the problem.
Briefing
Cohere raises US$270M Series C led by Inovia
Clio Ventures invests in U.S. legaltech’s Series B
Government to CRTC: exclude social media creators from Online Streaming Act
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.