#Canada to create powerful financial crimes agency as USA weakens its enforcement policies

[annaanthro@mastodon.social]

#Canada to create powerful financial crimes agency as USA weakens its enforcement policies

“In addition to a new law enforcement agency, Canada will ban #cryptocurrency ATMs, which officials say have been used by scammers to defraud victims & by criminals to launder the proceeds of crime.

Canada has nearly 4,000 crypto ATMs, the most per capita in the world.”

Canada to create powerful financial crimes agency as US weakens its approach

Cryptocurrency ATMs also face ban, after public inquiry found Canada lacked anti-money-laundering strategy

the Guardian (www.theguardian.com)