Karsten Wenzlaff, Advisor
August 26th, 2025
Karsten Wenzlaff is a Crowdfunding and Fintech Expert from Germany. He is Secretary-General of Digit[...]
Category Archives: Regtech, Compliance, Governance
FINTRAC Guidance on Bitcoin ATMs and Money Laundering
Bitcoin ATM Guidance | May 16, 2024
Image: FINTRAC
The Role of Crypto ATMs in Laundering Proceeds of Crime
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has issued a Sectoral and Geographic Advisory "The Role of Virtual Currency Automatic Teller Machines in Laundering the Proceeds of Crime" to highlight the risks and provide guidance to businesses, financial institutions, and the public. Cryptocurrency has revolutionized the financial landscape, offering unprecedented accessibility and anonymity. However, these advantages also attract illicit activities. One growing concern is the use of virtual currency automated teller machines (ATMs) in laundering proceeds of crime.
Understanding Crypto ATMs
Virtual currency ATMs, also known as Bitcoin ATMs, are internet-linked terminals allowing users to exchange fiat currency, such as Canadian dollars, for cryptocurrencies. Unlike traditional ATMs, these machines do not require a bank account, directly connecting users to the virtual currency exchange. While most transactions are legitimate, the ease of converting cash to crypto makes these ATMs an attractive tool for money laundering.
Geographic Hotspots
FINTRAC's advisory identifies significant risks associated with virtual currency ATMs. Based on suspicious transaction reports, key hotspots include the Greater Toronto Area, Greater Montréal Area, and Metro Vancouver, with notable volumes of suspicious activities also in Edmonton, Calgary, Winnipeg, Nelson, Abbotsford, Victoria, Ottawa, and Hamilton.
See: Tornado Cash Developer Sentenced 5 Years Prison
These machines are pivotal in the "placement stage" of money laundering, where illicit cash is converted into virtual currency, making the source of funds difficult to trace. Criminals use various techniques to obscure the identity of those controlling the funds, including falsified identities and money mules.
Emerging Trends and Techniques
The advisory highlights several trends and techniques used by criminals:
- Structured deposits is a red flag. Depositing funds in amounts just below reporting thresholds, often using multiple virtual currency ATMs and different phone numbers to avoid detection.
- Utilizing channels that are more complicated to track such as private wallet addresses, darknet markets, online gambling platforms, high-risk exchanges, peer-to-peer exchanges, and mixers to launder funds.
- Fraudsters coaching and manipulating victims over the phone to complete transactions, often seen in video monitoring footage from ATMs.
Compliance and Due Diligence
FINTRAC emphasizes the importance of compliance. Virtual currency ATM operators must implement robust policies, procedures, and internal controls, including client identification and ongoing monitoring of high-risk transactions.
See: Metacrime in the Metaverse
Failure to comply with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (the Act) can result in severe penalties, including fines up to CAN $2,000,000 and imprisonment.
Consumer Awareness and Protection
Consumers are urged to be cautious of scams involving virtual currency investments. Fraudulent schemes often solicit investments through social media or impersonate government agencies to extort payments. Individuals should thoroughly research any virtual currency exchange or investment opportunity and be wary of offers that seem too good to be true.
How to Report Suspicious Activities
If you encounter suspicious transactions or suspect money laundering or terrorist financing activities, report them to your financial institution and FINTRAC. In urgent cases, contact local law enforcement. Victims of fraud are encouraged to report to the Canadian Anti-Fraud Centre.
Download the 9 page PDF Guidance on Crypto ATMs and Money Laundering --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Balancing Fintech Innovation and Regulation
Regulating Innovation | May 16, 2024
Image: Freepik/rawpixel.com
Balancing Innovation and Regulation in Financial Services. Key Messages and Insights from Governor Michelle W. Bowman's Speech
In a recent speech at the Digital Chamber DC Blockchain Summit 2024, Governor Michelle W. Bowman of the Federal Reserve provided a comprehensive view on the balance between innovation and regulation in the financial services sector. This article delves into the key messages from her speech, exploring the implications for financial institutions and the burgeoning fintech industry.
1. Emphasizing the Importance of Understanding Innovation
Governor Bowman underscores the necessity of a thorough understanding of financial innovations, suggesting that effective policy-making hinges on regulators' and financial institutions' deep comprehension of new technologies. She said:
"Before we craft a useful public policy around innovation in banking, we need to understand the various dynamics involved with particular innovations."
See: Insights from the UK’s Pro-Innovation Regulation Review
This approach demands that both regulators and financial institutions invest in knowledge and frameworks that can accurately assess the impact and scope of new technologies, such as blockchain and digital currencies. It's a call for a more informed regulatory process that recognizes and accommodates the fast-paced evolution of financial technologies.
- Regulators should invest in continuous education and training programs to keep their teams updated on technological advancements.
- Encourage partnerships between regulatory bodies and fintech companies to foster a mutual understanding of technological impacts.
- Governments and private entities should fund collaborative research into new financial technologies to better understand their implications before they reach the market.
2. The Dual Role of Innovation and Regulation
Bowman discussed the intrinsic dual nature of innovation—its potential to improve efficiency and competition, and its ability to introduce new risks:
"Innovation can lead to greater efficiency, and it can promote competition in the market... [but] innovation is inevitably accompanied by risk."
For fintechs and financial institutions, this confirms the need for a balanced approach that does not stifle innovation with overly rigid regulations, while still protecting consumers and maintaining systemic stability. She points out that innovation can greatly enhance efficiency and competition but also brings new risks that must be managed thoughtfully.
See: Balancing AI Innovation and Intellectual Property Rights: Key Insights from the U.S. Senate Subcommittee Hearing
- Develop regulatory frameworks that are flexible enough to accommodate new innovations but robust enough to safeguard systemic stability.
- Regularly update risk assessment protocols to include new risks brought about by technological advancements.
- Increase efforts to educate consumers on the benefits and risks of new financial products and services.
3. Openness to Innovation
Emphasizing the need for regulatory bodies to be open to innovation, Bowman pointed out the typical initial resistance against new technologies and methodologies in the financial sector:
"The use of emerging technology and innovation may require a change in policy or supervisory approach."
This openness is crucial for fostering an environment where new financial technologies can thrive. Regulatory bodies need to be agile, adapting their frameworks to facilitate advancements rather than obstruct them.
See: Challenges in Global Crypto Regulations – Lessons from Dubai
- Create environments where fintechs can test new products under regulatory supervision. So adopt open regulatory sandboxes that support innovation.
- Hold frequent stakeholder forums that bring together regulators, fintechs, and traditional financial institutions to discuss innovation.
- Establish clear and accessible channels for businesses to provide feedback on regulatory practices that affect innovation.
Image: Freepik/rawpixel.com
4. Promoting Innovation Through Regulation
Bowman proposed that regulatory frameworks should not only manage but actively promote innovation:
"Regulators can do more than simply tolerate innovation, they can promote it through transparency and open communication."
See: The Global Effort to Level the Playing Field with Tech Giants
This suggests a proactive role for regulators in the innovation process, which could include providing clearer guidelines and quicker feedback on new financial products and technologies. Such involvement could enhance the overall effectiveness and reach of financial services.
- Regulators should provide clear, concise, and publicly accessible guidelines for compliance with new financial technologies.
- Encourage and support pilot programs that allow financial institutions to explore new technologies in a controlled environment.
- Improve communication channels between regulators and financial institutions to ensure that all parties are aligned on the expectations and benefits of new technologies.
5. Ensuring Safety and Compliance
The Governor stressed the importance of maintaining safety and compliance within innovative practices:
"Innovation and regulatory and legal requirements can coexist—providing both enhanced capability and regulatory compliance."
See: FCA Speech: Adapting Culture to Meet Changing Societal Norms and Consumer Expectations
For financial institutions and fintechs, this means that while innovation is necessary, it cannot come at the expense of legal and regulatory obligations. Ensuring that new technologies adhere to these standards is essential for their sustainable integration into the financial landscape.
- Ensure that new financial products are designed with compliance and safety in mind from the outset.
- With the adoption of new technologies, reinforce and strengthen cybersecurity protocols to protect consumer data and financial assets.
- Conduct regular audits and assessments of new technologies to ensure they meet regulatory standards and are safe for consumer use.
Conclusion
Governor Bowman's insights provide a roadmap for balancing innovation with regulation in a way that promotes growth and stability in the financial sector. The principles of understanding, openness, and proactive regulation, will likely shape the future of financial regulation, fostering an environment where both traditional financial institutions and fintechs can innovate responsibly and effectively.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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FINTRAC Fines Binance $6M CAD for Compliance Failures
Enforcement | May 12, 2024
Image: Freepik/rawpixel.com
Binance Faces $6M CAD Fine for Compliance Failures in Canada
The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has fine Binance Holdings Limited $6M CAD for failing to adhere to Canada's financial regulations. This fine is part of broader regulatory scrutiny that has seen Binance face legal challenges in several jurisdictions, including a significant $4.3 billion settlement with U.S. regulators for similar compliance failures.
See: Canadian Investors Lead Class Action Against Binance Canada
The two violations that led to Binance being fined C$6 million by FINTRAC are:
- Binance did not register as a foreign money services business (FMSB) with FINTRAC, despite being given multiple opportunities to do so. This registration is crucial for entities engaging in money services within Canada to ensure compliance with the country's financial regulatory framework.
- Binance failed to report 5,902 cryptocurrency transactions that each exceeded C$10,000, along with their necessary Know Your Customer (KYC) information. Such reports are mandatory under Canadian financial laws to monitor and prevent illegal activities such as money laundering.
These breaches reflect issues with compliance and regulatory adherence by Binance in the Canadian financial environment. More details can be found on the FINTRAC penalties page here.
Sarah Paquet, Director and Chief Executive Officer, Financial Transactions and Reports Analysis Centre of Canada:
“Canada’s Anti-Money Laundering and Anti-Terrorist Financing Regime is in place to protect the safety of Canadians and the security of Canada’s economy. FINTRAC will continue to work with businesses to help them understand and comply with their obligations under the Act. We will also be firm in ensuring that businesses continue to do their part and we will take appropriate actions when they are needed.”
Conclusion
Apart from Canada, Binance also faces legal issues in countries such as Nigeria and continues to be involved in investigations and lawsuits that could affect global regulatory frameworks for digital assets. Also see: Philippines SEC Blocks Binance for Failing to Secure License.
See: SEC Enforcement Director Grewal On Crypto Regulation
These regulatory actions have a noticeable impact on Binance's operations, including its decision to exit certain markets like Canada, reflecting how regulatory pressures can influence business strategies.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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Responsible AI in Finance: CFTC’s New Framework
AI Report | May 8, 2024
Image: CFTC-TAC Report - Responsible AI in Financial Markets Opportunities, Risks, Recommendations
CFTC's TAC Outlines Essential Frameworks for Responsible AI in Financial Markets
On May 2, 2024, the Commodity Futures Trading Commission's Technology Advisory Committee (TAC), sponsored by Commissioner Christy Goldsmith Romero, released a comprehensive report titled, "Responsible AI in Financial Markets" (see: release here). This report addresses the need for responsible AI practices to safeguard financial markets amid the evolving AI landscape, especially with the introduction of generative AI.
See: Three Generations Discuss AI Concerns, Hopes, and the Future
The committee of esteemed AI experts made several key recommendations to ensure that AI systems used in financial markets are transparent, fair, robust, and privacy-respecting. These include leveraging existing efforts by the White House and Congress, developing an AI Risk Management Framework in line with NIST guidelines, and enhancing AI governance both at the firm and regulatory levels. The report also emphasizes the importance of continued dialogue and engagement with industry stakeholders to align AI usage in financial markets with responsible practices.
1. The Need for an Iterative, Foundational Approach
- The committee emphasizes an iterative approach to AI development and integration, which is critical where technologies rapidly evolve. This method allows for continuous reassessment and recalibration of AI systems to adapt to new data, emerging risks, and regulatory changes. It suggests a move away from static policies towards more dynamic, responsive regulatory frameworks that can keep pace with technological advancement. See: Gensler Warns of ‘AI Washing’ in the Financial Industry
- Ensure that AI experts are involved from day 1 to ensure deep understanding and that recommendations are not only based on current best practices but are also forward-looking to anticipate future technological trajectories and their implications.
2. Address Opportunities and Risks
- While AI offers immense opportunities for efficiency and enhanced decision-making, it also presents significant risks, such as potential biases, lack of transparency, and the threat of destabilizing financial markets through autonomous, high-speed operations. The report acknowledges these dual aspects and recommends frameworks that emphasize robustness, transparency, and fairness.
See: US-UK AI Safety Partnership Announced. What About Canada?
- The report highlights unique challenges posed by generative AI, such as the production of 'deep fakes' or synthetic data that could be misleading or false. These issues are particularly pertinent in the financial sector, where trust and accuracy of information are paramount. Addressing these challenges requires specific regulatory and technological responses.
3. Governance and Regulatory Frameworks
- One of the key recommendations is the adoption of a Risk Management Framework (RMF), aligned with the National Institute of Standards and Technology (NIST) guidelines. This framework would help entities assess and mitigate risks introduced by AI applications, ensuring that AI systems are not only effective but are also safe and do not inadvertently harm users or the financial system.
- The committee suggests that the CFTC should collaborate with other federal agencies, such as the SEC and the Treasury, to ensure that AI policies are harmonized and that they benefit from a shared understanding of AI technologies and their implications across different sectors. See: SEC Examines AI Impact on Investment Advising
4. Ongoing Engagement and Build Internal Expertise
- The report calls for ongoing dialogue through roundtables and direct engagements with industry stakeholders. This is critical for ensuring that the regulatory approaches to AI are informed by up-to-date industry practices and challenges.
See: EU Lawmakers Approve Historic AI Regulation Act
- There is an emphasis on building internal expertise within agencies like the CFTC. This involves not only training current staff but also potentially hiring AI specialists who can bring in-depth technical knowledge to the regulatory process.
Conclusion
The TAC’s report is an important step in addressing the complex interplay between AI and financial markets. It advances the groundwork for responsible governance and regulatory oversight, ensuring that as AI technologies evolve, they do so in a way that safeguards the integrity of financial markets and protects consumers. The recommendations provided are set to guide future regulatory practices and stimulate further discussion among stakeholders in the financial ecosystem.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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CRA Pursues $54 million in Unpaid Crypto Taxes
Crypto | May 7, 2024
Image: Freepik/rawpixel.com
CRA's Enforcement on Unpaid Crypto Taxes in Canada
The Canada Revenue Agency (CRA) has initiated about 400 audits and examinations targeting crypto asset non-compliance as it pursues approximately $54 million in unpaid taxes from cryptocurrency transactions. This reflects an increased enforcement environment as regulators catch up with technological advancements in finance.
See: CRA Tax Implications for Individuals and Crypto Platforms
One of the issues is the lack of public awareness regarding crypto tax obligations. A recent survey commissioned by the CRA found that a third of respondents were unclear about their tax duties, with scores on regulatory knowledge averaging just over 50%.
Fintech companies must not only comply with a complex regulatory environment but they must be prepared to meet the CRA’s use of an Unnamed Persons Requirement (UPR) to collect transaction data from its customers. In 2021, Coinsquare was required to provide information about any clients that either transacted or held at least $20,000 to the CRA and also anyone with total transactions and earnings from 2014 to 2020 of 16,500 of the most active users. Crypto companies must maintain robust compliance programs.
Did you receive a letter?
Sahil Behal, a director general of CRA’s compliance branch explained that the letters issued to targeted taxpayers provide a 45-day window to report any undisclosed income from cryptocurrencies. If the taxpayers comply within this period, the CRA will forgive any associated penalties and interest. Failure to respond, however, could trigger a comprehensive audit by the agency.
See:
Tax Tips for Canadian Crypto Users in 2024
The CRA is Going After Day Traders Who Use Their TFSAs
Outlook
The Canadian government plans to introduce the Crypto-Asset Reporting Framework by 2027, which will mandate crypto exchanges and service providers to report detailed annual transaction data. This impending regulation will significantly impact how crypto businesses operate and report.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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SEC Issues Wells Notice to Robinhood Over Crypto
Crypto Enforcement | May 6, 2024
Image: Robinhood markets inc
Robinhood receives Wells Notice from SEC over crypto operations. Vows to fight for regulatory clarity.
On May 6, 2024, Robinhood Markets announced that it received a Wells Notice from the SEC, signaling potential enforcement action regarding its cryptocurrency offerings. This notice follows an extended period of regulatory scrutiny over how cryptocurrencies are classified and handled by financial platforms.
See: 2024 Budget: Crypto ETFs & Registered Accounts Consultation
Robinhood, known for democratizing stock market trading, has expanded aggressively into cryptocurrencies, a move that has now attracted heightened regulatory attention.
Dan Gallagher, Chief Legal, Compliance and Corporate Affairs Officer, Robinhood Markets, Inc.
“After years of good faith attempts to work with the SEC for regulatory clarity including our well-known attempt to ‘come in and register,’ we are disappointed that the agency has decided to issue a Wells Notice related to our U.S. crypto business. We firmly believe that the assets listed on our platform are not securities and we look forward to engaging with the SEC to make clear just how weak any case against Robinhood Crypto would be on both the facts and the law.”
"To our customers, this development will not affect your account or the services we provide. Robinhood Crypto is here to stay and we’ll keep innovating, shipping products, and fighting for regulatory clarity for the good of the industry and our customers."
This story is developing...
Outlook
In addition to Robinhood, Coinbase and Uniswap are among the major entities that have been targeted with Wells Notices from the U.S. Securities and Exchange Commission (SEC) just recently. Coinbase, a prominent cryptocurrency exchange, received a Wells Notice earlier this year, signaling the SEC's intention to potentially pursue enforcement action. Similarly, Uniswap, known for its decentralized exchange services, also received a notice, marking an increase in regulatory scrutiny within the crypto sector
See: Consensys Sues the SEC Over Ethereum’s Status
All of these active investigations may set significant precedents for how digital assets are classified and regulated, influencing the operational and strategic decisions of fintech firms. This is a critical watch point for investors and founders within the sector, as it could dictate the pace and direction of innovation and market participation in the coming years.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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TD Bank’s Money-Laundering and Bribery Scandal
AML/AMF | May 6, 2024
Image: Freepik
Amidst escalating scrutiny, TD Bank finds itself embroiled in a high stakes money-laundering scandal, sending shockwaves through the financial world.
The US Department of Justice's is investigating TD's role in facilitating illicit fentanyl profits intensifying apprehensions regarding the bank's compliance practices. The allegations, involve the bank's ties to a US$653 million drug money-laundering case sparking concerns among investors, regulators, and industry observers globally.
According to Gabriel Dechaine, National Bank of Canada analyst, the investigation by the U.S. Justice Department is centered on allegations that Chinese drug traffickers utilized TD Bank, reportedly resorting to bribing TD employees in the process. According to Dechaine, the collective fines may reach a staggering $2 billion. Additionally, regulators may impose constraints, such as limitations on balance sheet expansion, potentially impacting the bank's operations over an extended period.
See: Canadian Banks Face Scrutiny Over Sustainability Claims
TD's market capitalization plummeted by approximately $10 billion since the revelations surfaced. The sharp decline in stock prices underscores investor anxieties and underscores the imperative for robust risk management and regulatory compliance within the financial sector.
Elizabeth Goldenshtein, TD Bank Spokesperson:
"Criminals constantly seek to use banks to launder money. Regrettably, our U.S. (anti-money laundering) program did not effectively thwart these activities. This is unacceptable, and we must and we will do better,"
Despite the turmoil, TD's leadership has acknowledged the gravity of the situation and pledged to bolster its anti-money laundering (AML) controls through substantial investments in personnel and technology. CEO Bharat Masrani's commitment to fortifying the bank's compliance infrastructure reflects a proactive stance in addressing regulatory lapses and restoring stakeholder trust.
Outlook
Looking ahead, TD's efforts to rectify its compliance deficiencies and rebuild its reputation will be closely scrutinized. The bank's ability to implement robust AML controls, foster a culture of accountability, and navigate regulatory challenges will shape its trajectory and impact the broader financial ecosystem.
See: Revolutionizing Anti-Money Laundering: Insights from Project Aurora
For fintech stakeholders, it's critically important to have adequate compliance measures and proactively manage risk. As regulatory scrutiny intensifies and market dynamics evolve, fintech entrepreneurs and investors must remain vigilant and adapt accordingly.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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