Canada’s financial intelligence agency FINTRAC has revoked registrations of 43 crypto firms for failing to comply with anti-money laundering and reporting requirements. The move is part of a broader crackdown on non-compliant businesses. While regulators aim to strengthen oversight and reduce financial crime risks, the action may increase compliance pressure on smal…Canada’s financial intelligence agency FINTRAC has revoked registrations of 43 crypto firms for failing to comply with anti-money laundering and reporting requirements. The move is part of a broader crackdown on non-compliant businesses. While regulators aim to strengthen oversight and reduce financial crime risks, the action may increase compliance pressure on smal…
