Crypto ATMs have been in B.C. since 2013. But Canada’s anti-money laundering watchdog says the machines are “becoming a key tool” for money laundering. Read our latest: https://theijf.org/bitcoin-atm #Canada #News #cdnpoli s - ThreadSky

theijf.org • 55 days ago

Crypto ATMs have been in B.C. since 2013.

But Canada’s anti-money laundering watchdog says the machines are “becoming a key tool” for money laundering.

Read our latest: https://theijf.org/bitcoin-atm

#Canada #News #cdnpoli s

Comments

genderqueeries.bsky.social•55 days ago

It'd also be swell if we could talk about the culpability of Google/apple in having their gift cards used as a key component of scams.
Bought in Vancouver, redeemed across the world 20 minutes later...

bluewavevermont.bsky.social•55 days ago

Yup
Crypto = crime
DO NOT BE FOOLED!

greatscot4.bsky.social•55 days ago

It is the currency of criminals 🤷‍♀️

larryhostawards.bsky.social•55 days ago

This article is behind a paywall.

theghost42.bsky.social•55 days ago

Use cash.

rayleighscatter.bsky.social•54 days ago

Fiat cash is hard for international travel. "Cash" exchange takes time & fees are high.
1000 Foreign Cash-> 957 Local Cash.

Crypto's chaotically shifting value is disrupting for daily use.

Credit/Debit have fiat value stability, can work w/o exchange fees & are easy to use.

Pay full every month

vero1986.bsky.social•55 days ago

A nation that makes up the illusion of not enough for everyone when it’s just a free-floating fiat currency. When it is not the global reserve currency in international trade and financial markets, which could happen, we will all have nothing but wooden nickels.