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🇨🇦 BREAKING: CANADA TO BAN CRYPTO ATMs
Canada's government announced plans to ban crypto ATMs in its April 28 economic update, citing fraud & money laundering risks.
Key Facts:
🔹 ~4,000 crypto ATMs in Canada: Highest per capita globally
🔹 FINTRAC gets $17.9M to fight illicit financing
🔹 Exchanges & brick-and-mortar shops remain legal
🇬🇧 UK - banned
🇦🇺 Australia - limits
🇳🇿 NZ - proposing ban
🇺🇸 US - half of states acting
Not a crypto ban It's A fraud crackdown.