FinTRAC

FinTRAC Obligates Registration For Crypto Exchanges

Canadian Financial Guard Obligates Registration For Crypto Exchanges

The Financial Transactions and Reports Analysis Centre (FinTRAC) of Canada has obligated all the crypto exchanges to register as of June 1, 2020. It will come into action with other changes in the anti-money -laundering regulations. The firms have to keep an eye on their client records and report in case of suspicious actions.