Published • loading... • Updated
Peer countries are tightening regulations on crypto ATMs to fight fraud, so why isn't Canada?
Summary by CBC News
1 Articles
1 Articles
Peer countries are tightening regulations on crypto ATMs to fight fraud, so why isn't Canada?
There are no regulations specifically designed for the crypto ATM industry in Canada, which has seen more than $1 billion in transactions across the country so far this year. That's despite Canada's financial intelligence agency, FINTRAC, determining crypto ATMs have become the main method fraudsters use to get money from scam victims — and several of Canada's peer countries cracking down on the industry with targeted regulations in recent years.
·Canada
Read Full ArticleCoverage Details
Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium