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Canadian Crypto Exchanges Will be Subject to New AML Rules

Canadian Crypto Exchanges Will be Subject to New AML Rules – InsideBitcoins.com

Canada is stepping up its cryptocurrency regulations, and a new development, which would affect all cryptocurrency exchanges in the country, has been announced. Yesterday, the government of Canada published a notice in which it mandated that any crypto exchanges within the country’s borders will be required by law to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) no later than June 1, 2020.