Blog

X proprietor Elon Musk right now criticized Trudeau and Canadian authorities for his or her latest choice to make it obligatory for on-line streaming companies to register with authorities. The Canadian Radio-television and Telecommunications Commission (CRTC) has launched into a mission to reshape Canada’s broadcasting panorama.

Trudeau is making an attempt to crush free speech in Canada. Shameful. https://t.co/oHFFvyBGxu

— Elon Musk (@elonmusk) October 1, 2023

Consequently, it has initiated a sequence of public hearings, with the primary spherical commencing on May 12, 2023. After meticulously scrutinizing over 200 interventions, the CRTC has revealed its preliminary two choices. Streaming platforms working inside Canada and elevating $10 million yearly should now register their operations. The deadline for this registration is November 28, 2023. Additionally, the method guarantees simplicity, demanding just some mouse clicks.

Canadians Gain More Streaming Service Access

Moreover, the CRTC units the stage for Canadians to access worldwide streaming content material. From Wednesday onwards, particular streaming companies should disclose details about their content material library and consumer demographics. This transfer ensures Canadians can entry these platforms with out being tied to a specific web or cellular service supplier.

Moreover, CRTC is delving into Canadian and Indigenous content material necessities throughout conventional and on-line broadcasting mediums. Starting November 20, 2023, a three-week public process can be in movement. During this era, the CRTC plans to interact with 129 intervenors representing a spectrum of pursuits.

In one other improvement, cryptocurrency alternate Coinbase, has extended its services to Canada, capitalizing on the nation’s crypto-friendly rules by means of a partnership with People’s Trust Company. This permits Canadian shoppers entry to Interac e-Transfers, enhancing the protection and comfort of monetary transactions. To mark its augmented presence in Canada, Coinbase is providing quite a few incentives, together with free entry to Coinbase One for 30 days and round the clock customer support availability.

Read Also: Canada Approves Unlimited Litecoin Trading, LTC Price To Reach $140?

✓ Share:

Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency area for two years now. Previously he co-founded Govt. of India supported startup InThinks and is at the moment Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has revealed greater than 100 articles on cryptocurrency and blockchain and has assisted quite a lot of ICO’s of their success. He has co-designed blockchain improvement industrial coaching and has hosted many interviews in previous. Follow him on Twitter at @sharmasunil8114 and attain out to him at sunil (at) coingape.com

The introduced content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.