Latest News and Articles about FINTRAC
Canada Bans Crypto Donations with Bill C-25 Over Traceability and Election Risks
Canada Shuts Down Crypto Donations Over Traceability Worries Canada’s federal government has unveiled a sweeping restriction with Bill C-25, dubbed the Strong and Free Elections Act, which seeks to completely ban cryptocurrency donations in political fundraising. Driven by fears of untraceable funds and potential foreign interference in elections, this decision marks a dramatic shift from […]
Read MoreCanada’s Crypto Crisis: Underground Bitcoin Deals Highlight AML Failures
Canada’s Crypto Wild West: Underground Bitcoin Transactions Expose AML Failures Canada’s cryptocurrency sector is a regulatory disaster zone, with underground crypto-to-cash services exploiting gaping holes in Anti-Money Laundering (AML) laws to enable illicit finance at an alarming scale. A hard-hitting undercover investigation has laid bare the extent of these failures, showing how both registered and […]
Read MoreCanada Seizes $40M in Crypto, Shuts Down TradeOgre Over Bitcoin and Privacy Coin Violations
$40M Cryptocurrency Seizure: Canada Shuts Down TradeOgre Exchange Over Bitcoin, Privacy Coin Concerns Canadian authorities have dropped a bombshell on the crypto world, seizing over CAD 56 million (US$40 million) in digital assets from the cryptocurrency exchange TradeOgre. Announced on September 18, 2025, by the Royal Canadian Mounted Police (RCMP), this marks the largest digital […]
Read MoreCanada Cracks Down on Crypto Money Laundering Linked to Fentanyl Crisis
Crypto Exchanges Under Scrutiny as Canada Cracks Down on Drug-Related Money Laundering In Canada, 79% of opioid toxicity deaths in early 2024 were linked to fentanyl, often funded through cryptocurrency money laundering. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued a new alert, detailing how digital assets are being exploited to […]
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