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Canada Proposes Crypto ATM Ban in Spring Economic Update

2026-04-29 04:30:53

Canada proposed a ban on crypto ATMs in its spring economic update, targeting a network of roughly 4,000 machines. The government called the kiosks a primary method for fraud and for criminals to place cash proceeds of crime. The proposal included no timeline, and Canadians would still be able to buy crypto from legitimate brick-and-mortar money services businesses.

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