Unregistered Crypto Firms in Canada Fueling Million-Dollar Money Laundering
An undercover investigation reveals how unregistered crypto-to-cash operators across Canada process transactions up to $1 million...
Canada Begins March Toward Stablecoin Regulations
In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being...
Canada to Regulate Stablecoins Under 2025 Federal Budget Plan
TLDR Canada plans to regulate fiat-backed stablecoins under its 2025 budget, focusing on reserves and redemption. Issuers must ado...
Canada Moves to Regulate Stablecoins in 2025 Federal Budget, Mirroring US Approa...
Canada will introduce its first federal framework for fiat-backed stablecoins under the 2025 budget, following the US model.The p...
Canada Races to Finalize Stablecoin Rules Before Budget Reveal – Why?
Canada has been advancing a stablecoin framework for inclusion in the Nov. 4 budget following closed-door consultations. Observers...
Canada Slaps Cryptomus with $126M Fine for Massive AML Failures
TLDR: FINTRAC fined Cryptomus $126M for failing to report 2,500+ suspicious crypto transactions tied to criminal activity. The fin...
Canada’s Anti-Money Laundering Watchdog Levies Record $126M Fine on Cryptomus
Fintrac said the firm was fined for unreported activity including transactions tied to child sexual abuse material, fraud, ransomw...
British Columbia Pulls the Plug on Crypto Mining and AI Power Expansion
TLDR: British Columbia permanently banned new crypto mining projects, ending a two-year moratorium on new grid connections. The pr...
British Columbia to Permanently Ban New Crypto Mining Projects From Grid
The ban is part of an effort to manage electricity demand and ensure industrial development is powered by clean electricity.
Canada Province Shuts Door on New Crypto Mining Ventures — Here’s Why
British Columbia bans new crypto mining projects to conserve clean hydro power for industries that deliver stronger economic and j...