FINTRAC

Latest FINTRAC news, analysis, and market insights. 2 articles on Crypto Watch Desk.

Why Are Crypto ATMs Shutting? Canada Bans 4,000 ATMs, Tennessee Loses $389M In National Fraud Losses

BitcoinWhy Are Crypto ATMs Shutting? Canada Bans 4,000 ATMs, Tennessee Loses $389M In National Fraud LossesThe Canadian government announced plans to outlaw cryptocurrency ATMs nationwide, citing their role as primary tools for scammers and money launderers in a country with the world's highest per capita density of such machines.29 Apr 20263 min read

Canada Revokes 47 Crypto Firm Registrations in Historic AML Enforcement Sweep

BitcoinCanada Revokes 47 Crypto Firm Registrations in Historic AML Enforcement SweepCanada's financial intelligence unit has revoked 47 cryptocurrency business registrations in 2026, including 23 in a single day, following an investigation that exposed unregistered crypto-to-cash operations in Toronto.24 Mar 20263 min read