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Jun 16, 2020

Bitcoin Central - Now a registered Money Services Business

bitcoin central logo

In order to comply with FINTRAC regulations - as of June 1, 2020 Bitcoin Central is registered as a Money Services Business with Financial Transactions and Reports Analysis Centre Canada. In order to comply with FinTrac anti-money laundering regulations, transactions at BankBit ATMs are now limited to CAD $900 per transaction and CAD $9,000 per wallet per 24 hour period.