Canadian government amends anti-money laundering law

Following feedback from payment service providers and cryptocurrency exchanges, the Canadian government has relaxed parts of its new anti-money laundering regulations.

Instead of requiring exchanges to report every transaction, reporting entities will now only need to report transfers of over Can$10,000 (in dollars or cryptocurrency).

Original source
https://www.theblockcrypto.com/tiny/canadian-government-changes-anti-money-laundering-law/?utm_source=rss&utm_medium=rss&utm_campaign=default

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