Tag: crypto exchanges
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Illicit Crypto-to-Cash Deals in Canada: A Growing Challenge for Financial Regulation
Introduction: A new frontier for money laundering in Canada The convergence of cryptocurrency and cash exchanges is creating a troubling loophole for money launderers in Canada. Investigations and industry reports indicate that certain crypto exchange companies have offered to purchase thousands of dollars worth of digital currencies without proper registration or identity verification. While legitimate…
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Five Key Takeaways From the Draft Crypto Market Structure Bill Release
Overview: A Draft Path for Crypto Market Structure The Senate Agriculture Committee has released a draft of its portion of a broader crypto market structure bill, a milestone in shaping how digital assets are traded, regulated, and protected for both institutions and retail investors. While details are still evolving, the draft signals a deliberate push…
