All Posts Tagged With: "fintrac"
Canada DGC Biz Beware, FINTRAC Compliance
With the power to levy fines, any financial/DGC biz in Canada should be looking to meet compliance requirements.
2Sep2009 | Mark | 1 comment | Continued
FINTRAC Follow Up
FINTRAC was widely reported as moving to license digital gold currency and agents later this year. While we have attempted to get a statement from them, nothing back yet. Here is a well known Canadian exchange agent who has been in touch with them regarding MSB licensing and his comments.
10Jun2008 | Mark | Comments Off | Continued
Regulators worry about digital gold currency’s potential as tool for criminal activity
Could digital gold currencies or e-currencies denominated in gold weight be utilized as a tool by terrorist groups? Law enforcement agencies fear the worst may occur. (one story early this week and it’s a landslide of this negative press)
30May2008 | Mark | Comments Off | Continued
Canada Adopts Reporting Regulations For Digital Gold Currency
A Fintrac report labels possible misuse of the DGC systems a future hazard and Canada moves to regulate precious metals dealers and includes digital metals in the new regulations.
26May2008 | Mark | Comments Off | Continued
