Canadian fintech company WonderFi, backed by billionaire Kevin O'leary, recently announced the formation of a strategic partnership between Bitbuy and cryptocurrency ATM provider Localcoin ATM.Dec.The partnership, announced on September 18, will support the offerings of Localcoin crypto atms across Canada with the Bitbuy exchange platform and the deep liquidity that comes with it, according to Wonderfi's press release. Press release: Bitbuy has partnered with Localcoin, Canada's largest bitcoin ATM provider Bitbuys' digital assets now offer capacity of up to almost 50% of Bitcoin ATMs in Canada MORE DETAILS: https://t.co/rqBDoHev1OBitbuy It became the first cryptocurrency exchange in Canada to receive the full approval of regulatory agencies. InWonderFi's parent company is First Ledger Corp.he bought the. In January 2023 for almost $ 162 million (206 million Canadian dollars).Localcoin reportedly operates the largest cryptocurrency ATM network in Canada. According to the press release, the 900 machines account for about 33% of the total in the country, which equates to about 2,700 units, ranking Canada second in total adoption volume after the United States. According to the press release, thanks to this partnership, Bitbuy's digital asset services will cover approximately 50% of Canada's Bitcoin ATMs. Last year, Grant Wingo, executive director of the Ontario Securities Commission, said the regulator thinks more than 30 per cent of Canadians plan to buy crypto assets. in 2023, despite the fact that a large number of crypto companies have recently left the market.As Cointelegraph previously reported, while Bybit and Binance have both left the Canadian cryptocurrency scene, citing changes in legislation, WonderFi CEO Dean Skurka told Cointelegraph last month that increased regulatory openness is attracting institutional investors to cryptocurrencies and digital assets to Canada. The head of CoinSmart says that cryptocurrency taxes are a little more profitable outside of USE in a statement provided by Cointelegraph, Localcoin ATM CEO Tristan Fong also announced the launch of the Localcoin Wallet app and undisclosed extended cryptocurrencies available in Localcoin ATMs: