Canada proposes ban on BTC ATMs as fraud cases mount

Categories
Crypto News

Canada is proposing to ban crypto ATMs as part of a broader crackdown on fraud and money laundering, citing growing evidence that the machines have become a key tool for scammers. The measure, included in the Liberal government’s Spring Economic Update released Tuesday, would eliminate crypto ATMs nationwide. Officials described the machines as a “primary […]

Kraken Secures Restricted Dealer Status in Canada Amid ‘Turning Point’ for Crypto in the Country

Categories
Crypto News

Crypto exchange Kraken has registered as a restricted dealer in Canada, allowing the exchange to continue offering crypto trading services to Canadian users under the country’s evolving regulatory framework. The registration, announced on Tuesday, comes after a multi-year process that required exchanges to meet higher standards for investor protection and governance. Kraken said it worked […]