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Canada cracks down on crypto ATMs and political donations

Canada cracks down on crypto ATMs and political donations

Canada continues to tighten its rules around the digital asset sector, with the government announcing it plans to ban BTC and other digital currency ATMs, a few days after a bill proposing a ban on digital currency donations to political parties passed a second reading in parliament.

Digital currency ATM ban

Canadian Prime Minister Mark Carney unveiled his spring economic budget update on April 28, in which the government committed itself to combating financial crime. The campaign…

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