Canada’s anti-money laundering watchdog has imposed a record fine of $126 million on Cryptomus due to regulatory violations. The fine represents the largest amount levied by the agency to date. This action reflects ongoing efforts to enforce compliance within the cryptocurrency sector. The agency emphasized the importance of adherence to anti-money laundering regulations to maintain the integrity of the financial system. Additionally, the watchdog highlighted its commitment to tackling violations to ensure safe and lawful operations in the digital currency landscape.
