Energy Company Hydro-Quebec Looks to Attract Bitcoin Miners

Hydro-Quebéc (HQ) is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need. In an article from Le Journal de Québec, Éric Martel, president and CEO of HQ, relates how HQ is facing a death spiral for electricity consumption.

Plexcoin ICO Organizer Held in Contempt by Quebec Superior Court

PlexCoin ICO organizer Dominic Lacroix has been found in contempt of court in Quebec for violating a ruling that barred Lacroix and his associated companies from holding an initial coin offering in Quebec or soliciting investors from the Canadian province. The Autorité des marchés financiers (AMF), Quebec’s chief financial regulator, announced in a statement that the Quebec Superior Court — the province’s highest trial court — had found Dominic Lacroix and an associated company, DL Innov inc, in contempt for violating an earlier court order related to the PlexCoin ICO.
Canada Court Holds ICO Organizer in Contempt

Canada Court Holds ICO Organizer in Contempt

An initial coin offering (ICO) organizer in Canada has been found in contempt of court following a new ruling from the Quebec Supreme Court. The Autorité des marchés financiers (AMF), Quebec's financial regulator, published a statement on October 20 announcing that Dominic Lacroix and a related company, DL Innov inc.