Canada news articles
-
Binance Fined Over $4 Million in Canada for Money Laundering Violations – News Bytes Bitcoin News
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to approximately $4.4 million, was levied after Binance failed to register as a foreign money services business and neglected to report over […]
-
Adirondack to be cancelled in northern New York State, Canada for more than a month: News and analysis
ALBANY, N.Y. — Amtrak’s Adirondack will be cancelled north of Saratoga Springs, N.Y. between May 20 and June 29, passengers already ticketed on the New York City-Montreal train were informed this week. Anyone trying to book a reservation for those dates on Amtrak’s website receives the message, “We do not have any services between the []Read More
-
Canada's Tax Agency Targets $40M in Uncollected Crypto Taxes as Trudeau Seeks Major Capital Gains Hike – Taxes Bitcoin News
Based on a report by the National Post, Canada’s Revenue Agency (CRA) is actively searching for uncollected taxes on cryptocurrencies. The agency estimates that there is nearly $40 million in undeclared taxes related to digital currencies. Concurrently, Prime Minister Justin Trudeau is proposing an increase in capital gains taxes from 50% to 66% for any […]