Canada’s FINTRAC Imposes Administrative Monetary Penalty on KuCoin

FINTRAC announced that it imposed an administrative monetary penalty on Peken Global Limited, also operating as KuCoin. This Seychelles-incorporated foreign money services business operating in Canada was imposed “a penalty of $19,552,000 on July 28, 2025, for non-compliance with Part 1 of the Proceeds of... Read More