Canada’s financial crime watchdog has revoked 47 crypto-related money services business (MSB) registrations since the start of the year as part of a wider clampdown on anti-money laundering failures. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has cancelled 50 MSB registrations in total so far, including 23 in its latest enforcement action. He added that authorities will keep monitoring and pursuing new measures for virtual currency businesses, including cryptocurrency MSBs and crypto ATMs, which officials say can be used to facilitate illicit finance. Canadian securities regulators ... (full story)