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Canada Revokes 50 Crypto Firms’ Registrations in 2025 Regulatory Crackdown
Canada’s financial intelligence unit has revoked the registrations of 50 money services businesses in 2025, with 47 of them related to cryptocurrency operations, as the country intensifies its enforcement against digital asset firms suspected of facilitating money laundering and fraud. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced on Monday its most…
