It may encourage U.S. regulators to approve their first bitcoin exchange-traded fund.
The Ontario Securities Commission gave its blessing Thursday.
The imitation site is not authorized by EY and affected users have been advised to avoid at all costs.
The bitcoin fund is available in both U.S. dollars and Canadian dollars and is listed on the Toronto Stock Exchange.
Stephen Harper said “the number of things that people use as reserves will expand,” but the U.S. dollar will still retain its dominant role.