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NEWS: Canada regulator imposes record record $19.5m AML fine on crypto firm KuCoin

Premium September 25, 2025

Representations of cryptocurrency is seen in front of a Kucoin logo in this illustration taken on February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

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NEWS: Australia announces new transaction reporting rules from July 1

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LATEST: Hungary officials seize $300m over money laundering probe into country’s central bank

NEWS: FCA, ING and Monzo leaders announced for ‘International Anti-Financial Crime Summit’ 2026

By PAUL ODONOGHUE, Senior Correspondent

CANADA’S financial crime watchdog has fined crypto exchange KuCoin C$19.5 million ($14 million) for anti-money-laundering (AML) violations.

The penalty is the largest issued to data by FINTRAC, Canada’s FIU (financial intelligence unit).

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Premium

NEWS: Australia announces new transaction reporting rules from July 1

 Premium

LATEST: Hungary officials seize $300m over money laundering probe into country’s central bank

NEWS: FCA, ING and Monzo leaders announced for ‘International Anti-Financial Crime Summit’ 2026

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