Crypto money laundering stands at the center of a major compliance case in Canada. FINTRAC imposed a C$176.9 million ($126.14 million) penalty on Xeltox Enterprises Limited. The agency described it as its largest penalty to date. Investigators cited missed suspicious…
Stand with Crypto Expands to Canada with Advocate Support
Stand with Crypto unites global crypto advocates, forming a passionate community committed to driving sensible crypto innovation and policy. The movement has garnered over 1.1 million advocates in the United States and is rapidly growing. In the UK, Stand with…
Canada’s third-largest Pension Fund Invested $200 Million In Troubled FTX
The FTX debacle may result in significant losses for Canada’s third-largest pension system. The Ontario Teachers’ Pension Plan was one of the few investors who took part in the $400 million Series C investment round that FTX held in January.…
CBDCs are Risky According to the Central Bank of Canada
Canada’s central bank recently put out a report on the risks and benefits of a central bank digital currency in an October 5 report. The report pointed to security risks that a CBDC would bring about. Canada’s top bank wrote;…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
