As Canadian regulators step up enforcement of anti-money laundering (AML) and registration rules in the crypto sector, Adam Garetson, leader of Gowling WLG’s Blockchain & Digital Assets Group, shared his insights with major media outlets, including The Globe and Mail, BNN Bloomberg, CTV News and The Canadian Press.
His interviews follow a record-setting $177-million fine issued by Canada’s financial intelligence unit, FINTRAC, to international crypto platform Cryptomus for failing to comply with its obligations to report suspicious transactions. Speaking to media, Adam provided context and perspective on what this signals for the future of crypto regulation in Canada.
To view the full coverage, click the links below (subscription may be required):
- Cryptocurrency platform fined record $4.4M by Canada's money laundering watchdog – CTV News
- Crypto firm fined $4.4M by federal watchdog – BNN Bloomberg
- Crypto firm fined record $4.4-million by Canada’s money-laundering watchdog – The Globe and Mail
- Cryptocurrency platform Cryptomus fined $4.4M by FINTRAC – The Canadian Press