Canada Presents Three Possible Cryptocurrency Regulations In Anti-Money Laundering Committee – Justine Pope


Earlier this week, the Canadian House Finance Committee met and discussed the role of cryptocurrencies. As part of their regular meetings as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), cryptocurrencies became a hot topic, as regulators see them as an easy way to launder money. The usual reasons, according to iPolitics, came up: cryptocurrencies are anonymous, difficult to trace, and have a history of being used by risky personalities such as Edward Snowden and Julian Assange……….

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