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Tag: Canada

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Crypto part of Canada’s ‘core’ financial system, but risk concerns remain
The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach. Read full article
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Crypto Crackdown Intensifies: Canada Revokes 47 Licenses
Canada’s financial watchdog fined crypto platform Cryptomus $126 million last October after the company allegedly failed to flag suspicious transactions on 1,068 separate occasions in a single month.

A month before that, crypto exchange KuCoin was handed a $14 million… Read full article
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Canada Revokes 50 Money Services Licenses in 2026, With 23 Crypto Firms Taking the Hit
Canada’s financial intelligence agency has revoked 50 money services business registrations so far in 2026, with nearly all tied to cryptocurrency operations, signaling an intensified compliance crackdown. FINTRAC Revokes 23 Crypto Licenses in Single-Day Sweep The enforcement push comes from… Read full article
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Canada vows continued crypto crackdown after taking down 47 firms in 2026
Near the end of last year FINTRAC fined crypto platform Cryptomus $126 million and crypto exchange KuCoin $14 million for a range of alleged violations. Read full article
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UK, US, Canada launch Operation Atlantic to fight crypto scams: Report
A quiet signature on a smart contract could empty your crypto wallet, and investigators are now trying to stop it in real time. Read full article
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