Claire Brownell

Future of finance reporter at The Logic. I cover how the financial system is adapting to technological change. I don’t post here much any more.

[Claire Brownell @clabrow]

If you watched the Netflix documentary on the 2015 Ashley Madison hack (which I'm interviewed in), and you're wondering what happened to then-CEO Noel Biderman, I have an answer for you in @the_logic today https://t.co/al22E16EsI

[Ted Livingston @ted_livingston]

It was great to sit down with the talented @clabrow. I'm more excited than ever about the opportunity to deliver on Satoshi's vision. It’s a joy to see the community continue to build around Kin. I’m proud to be part of that community with @getcode.

https://t.co/Ko2Kr2tXKD

[Claire Brownell @clabrow]

“The owner of the TSX is considering doing WHAT??!” was my reaction to learning TMX Group is proposing becoming one of the first stock exchanges in the world to facilitate crypto trading and perhaps it will be yours too https://t.co/n42M1TiSjY

[Claire Brownell @clabrow]

I saw a sign at Loblaws about some autonomous delivery robots being tested, told my colleague @AleksSagan about it, and now I know that they are named Dill and Basil thanks to this delightful story https://t.co/n1xnwB3azA

[Claire Brownell @clabrow]

In 2015, I had some of the most fun of my career covering the Ashley Madison hack. I'm a talking head in this new documentary about it. It's a fun watch! The first part is available now on Disney+ in Canada.

[Hulu @hulu]

Adultery + Cyber scams = disaster.

The Ashley Madison Affair, streaming now.

[David Reevely @davidreevely]

Spending most of an afternoon on Fred Baker's sheep farm in North Dundas was some of the most fun I've had as a reporter.

Here's a story about an effort to put Canadian sheep on a blockchain, to make money out of an impending government order.

https://t.co/xKpVtkoh89

[Claire Brownell @clabrow]

I was thrilled to interview OSC CEO Grant Vingoe about the end of the beginning of crypto-trading platform regulation in Canada, the defining issue of my beat since I started this job. https://t.co/pcqco6pvOl

[Claire Brownell @clabrow]

This Bloomberg story on whether big crypto companies are meeting basic business standards like having independent boards and getting audits (spoiler: many are not or won't say) is very good https://t.co/VaIv0cFmzH

[Claire Brownell @clabrow]

Here’s my story on Binance exiting Canada. It’s been an afternoon. https://t.co/OKLnsChXQv

[Claire Brownell @clabrow]

Big news in Canadian crypto: Binance is exiting Canada

[Binance @binance]

Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace.

We would like to thank those regulators who worked with us collaboratively to address the needs of Canadian users. Albeit a small market, it held sentimental value for us as the home country of our founder. We had high hopes for the rest of the Canadian blockchain industry. Unfortunately, new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. We put off this decision as long as we could to explore other reasonable avenues to protect our Canadian users, but it has become apparent that there are none.

Our remaining Canadian users are receiving an email with comprehensive information on how this will impact their accounts going forward. While we do not agree with the new guidance, we hope to continue to engage with Canadian regulators aimed at a thoughtful, comprehensive regulatory framework. We are confident that we will someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets.

[Claire Brownell @clabrow]

Story out today with @JonathanGot3 based on an analysis of 29 public crypto companies that reveals how hard it is for them to find and keep auditors. A true team effort and the product of a lot of hard work https://t.co/DaACu2otM6

[Claire Brownell @clabrow]

https://t.co/X2KAfE184w? Binance is planning to launch a Canada-specific platform as part of a proposal to satisfy regulators and remain in the country: https://t.co/NGxSRItMF9

[David Reevely @davidreevely]

A team of The Logic's specialist reporters— @muradhem, @MsABalakrishnan, @jesse_snyder, @JonathanGot3 and me—has been locked up with a squad of editors and copies of the federal budget today, combing it for economics stories you won't find elsewhere. Here's what we've got.

[Claire Brownell @clabrow]

Happy Monday, https://t.co/CAKHDM5vB9 is still the only platform with a pre-registration undertaking on the CSA's website and the Coinbase, Kraken and Gemini sites all still say they're serving Canadians

[John Paul Koning @jp_koning]

OKX stopped serving Canadians this morning. It couldn't meet today's deadline for filing with securities regulators.

Next up: Coinbase, Kraken and Gemini.

Unless they file by today, all three will have to exit Canada, else they'll be operating here illegally.

[Claire Brownell @clabrow]

New from me: A group of prominent Canadian crypto companies is pushing back on regulators’ assertion that stablecoins are “generally” securities https://t.co/K31SiUqpL3

[Claire Brownell @clabrow]

I was on @TheCurrentCBC yesterday to talk about the collapse of SVB https://t.co/0rYbx84JSy but you should really read my excellent colleagues on the file https://t.co/y92c7sODix

[Claire Brownell @clabrow]

I wrote an explainer about crypto's very bad weekend and what it means for the Canadian sector, with thanks to @MorvaRohani for insights https://t.co/3wFIa2jNwl

[David Reevely @davidreevely]

The whole Logic newsroom has spent today breaking down the collapse of Silicon Valley Bank and what it means for Canada—from venture funding to clients' ability to make payroll.

Canadian regulators have NOT been forthcoming.

https://t.co/yGNfumffzo

[Claire Brownell @clabrow]

New from me: Regulators put crypto staking approvals on pause in wake of FTX collapse, sources tell me. The CSA would not comment but says staking applications are now being processed
https://t.co/dLeGicrKVG

[Claire Brownell @clabrow]

Two great stories on the ongoing FTX fallout in Canada in @the_logic by my colleagues yesterday. @davidreevely with an update on an FTX Foundation grant https://t.co/muB7K0fVTl and @kelseyarolfe on its Canadian creditors https://t.co/kuCODz2jHc