Скачать или смотреть Canada Introduces Stricter Regulations for Cryptocurrency Services

Cryptocurrency-focused service providers in Canada will face stricter regulatory mandates after new laws were introduced in the nation’s 2024 federal budget, announced on April 16. Crypto service providers, like exchanges and brokers, must comply with new reporting rules, disclosing full transaction details to the government annually.

Cryptocurrency service providers will also be reporting client-specific information such as full names, residential addresses, dates of birth and taxpayer identification numbers. The Canadian government plans to implement these mandates in 2026.

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