The Ontario provincial government will introduce legislative amendments to strengthen investor protection and deter those…
Ottawa wants to close loopholes that let terrorists, criminals use Bitcoin to commit fraud
June 21,2018 (Courtesy of the Canadian Press) – The federal government is proposing measures that take aim at shadowy payments made by terrorists and money launderers using virtual currencies and prepaid credit cards. The planned regulations would help close...
Canada Declares War on Cryptocurrency Fraud with Mandatory KYC/AML Regulations
Canada’s Fraud Crackdown June 13, 2018 (Courtesy of btcmanager.com ) – As stated in the draft published by Canada Gazette, the Financial Action Task Force (FATF) pointed out some inadequacies in the Anti-Money Laundering and Anti-Terrorist Financing Regime...
Investors warned about five Ontario firms in global investigation ‘Operation Cryptosweep’
May 23 2018 (Courtesy of the Financialpost.com) – Canadian securities regulators have joined forces with capital markets watchdogs in the United States to scour the cryptocurrency landscape for potentially fraudulent schemes. “Operation Cryptosweep, a...