Canada's Financial Transactions Reporting and Reporting Centre has updated its anti-money laundering strategy, highlighting the role of cryptocurrencies in combating synthetic opioid-related money laundering.
Canadian fintech company Nuvei has launched a payment settlement service using stablecoins for merchants in Latin America. Interoperability platform Rain, digital custodian BitGo and credit card issuer Visa are partners in its blockchain-based solution. Latin American merchants participating in the Nuvei solution will be able to use physical or virtual Visa cards to pay in stablecoins through digital wallets. BitGo will provide custody of digital assets. This service will be available anywhere V...
Canadian fintech company Nuvei Corporation (NASDAQ: NVEI) has announced a new offshore solution in partnership with Mastercard that will enable European consumers to seamlessly convert their digital assets, including cryptocurrencies, into traditional fiat currencies via debit, credit, and prepaid cards.