Hosted on MSN
KuCoin faces $14 million fine for failing to comply with Canadian anti-money laundering rules
KuCoin, a major cryptocurrency exchange, has been hit with a record-breaking anti-money laundering penalty in Canada, raising alarm across the crypto industry. The Seychelles-based platform faces a ...
An offshore crypto trading platform is being sanctioned by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for compliance violations, including a failure to report attempted ...
Reporting entities under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) will soon be subject to a new requirement to report transactions suspected to be related to ...
The cost of doing business is set to go up, dramatically, for companies that don’t keep a close eye on anti-money laundering obligations. A broad range of firms that handle large transactions, from ...
Money seized by police during a bust is displayed In Surrey, B.C., on Dec. 7, 2022. THE CANADIAN PRESS/Jonathan Hayward TORONTO — The cost of doing business is set to go up, dramatically, for ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results