Binance faces more regulatory heat as Canada's FINTRAC levies a $4.4 million fine for failure to register as a foreign money business and report large transactions in digital assets. What lies ahead for Binance amid these challenges? #Binance #FINTRAC #RegulatoryIssues
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ivendPay has secured its FINTRAC license in Canada! 🎉🪪

This significant milestone not only allows us to provide payment services within the country but also underscores our dedication to adhering to financial regulations, combating money laundering, and preventing terrorism financing. Our foray into the crypto payment sector marks a promising expansion.

#IvendPay #FINTRAC #cryptopayments #Canada #IVPAY

🩸 #Binance is in hot waters again!

This time, Canada’s financial intelligence unit, FINTRAC, is imposing a $4.4 million fine on Binance.

#FINTRAC said that it was penalizing Binance for:

➜ failing to register as a foreign money business
➜ failing to report large transactions (<$10,000) in digital assets.

What do you think of the future of Binance? 👇

#BinanceNews #BinanceUpdate #TrendingTopic