Canada vows continued crypto crackdown after FINTRAC revocations remove 47 crypto-linked MSBs

Canada’s crackdown on crypto compliance hardened in 2026 as authorities revoked 50 Money Services Business registrations, including 47 tied to virtual-asset activity, and removed a concentrated cluster of 23 crypto firms from the registry. The scale of the enforcement wave made clear that Canadian regulators are no longer treating AML and reporting failures as administrative […]