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2026-04-29 02:37:00

🇨🇦🤔 Canadian Government Plans to Ban #Crypto ATMs to Combat Scams

According to CBC, the Canadian federal government announced plans in its Spring Economic Update 2026 to ban #cryptocurrency ATMs to protect citizens from fraud. The government identified #crypto ATMs as a "primary method" for scammers to defraud victims and for criminals to process illicit proceeds. Canada currently has nearly 4,000 #crypto ATMs, the highest number per capita in the world. #crypto

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