Canada has updated its anti-money laundering rules, making changes that will affect cryptocurrency exchange operations in the country. The Canadian government published the amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in the Canada Gazette on Wednesday. While the changes to the financial rules – finalized late last month – cover a number of perceived gaps within traditional finance, they also notably set the bar higher for platforms “dealing in virtual currency.” The government explained that such activities include “virtual currency exchange services and value transfer ... (full story)