Fine

Canada’s anti-money laundering watchdog has imposed a record fine of $126 million on Cryptomus for violations related to money laundering regulations. This significant penalty reflects the agency’s commitment to enforcing compliance within the cryptocurrency sector. The fine is part of broader efforts to address illicit financial activities and ensure that cryptocurrency exchanges adhere to established […]

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