RATE Group | Canada Presents Three Possible Cryptocurrency Regulations In Anti-Money Laundering Commi…
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Canada Presents Three Possible Cryptocurrency Regulations In Anti-Money Laundering Commi…

18 Nov Canada Presents Three Possible Cryptocurrency Regulations In Anti-Money Laundering Commi…

Posted at 19:09h in Cryptocurrency News by

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Canada Presents Three Possible Cryptocurrency Regulations In Anti-Money Laundering Committee

canada-presents-three-possible-cryptocurrency-regulations-in-anti-money-laundering-committee

  • In a House Finance Committee meeting, Canadian officials thoroughly discussed how to prevent the use of cryptocurrency in money laundering, and how to protect users at the same time.

  • The results include an outline of three possible regulations that could come soon for the Canadian cryptocurrency market.

Earlier this week, the Canadian House Finance Committee met and discussed the role of cryptocurrencies. As part of their regular meetings as required by the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), cryptocurrencies became a hot…

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