12 Sep COINSGOLD obtained the Canadian Financial Exchange Center (FINTRAC) financial license!
Abstract: CoinsGold LTD. has officially been granted a financial license issued by the Canadian Financial Exchange Center.
On August 29th, Toronto time, CoinsGold LTD was formally approved by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Global users can check the registration information of CoinsGold directly on the official website（https://www10.fintrac-canafe.gc.ca/msb-esm/public/msb-search/search-by-name/）.
Canada stipulates that from June 1, 2020, cryptocurrency exchanges must be registered with FINTRAC, which is one of the important initiatives of the industry’s anti-money laundering (AML) compliance actions. Mandatory registration will take effect with other financial regulations implemented in the same year. The current registration behavior at FINTRAC is voluntarily initiated by the company itself.
CoinsGold voluntarily joined FINTRAC and firmly demonstrated his position and attitude towards anti-money laundering and anti-terrorist financing with practical actions. It also means that KYC (know-your-customer) certified users of CoinsGold can legally exchange Canadian Dollars (CAD) at the CoinsGold exchange platform.
CoinsGold has always been committed to “guaranteeing the freedom of Cryptocurrency assets exchange for personal freedom” and is committed to creating a more professional, safer, more efficient, free and stable Cryptocurrency assets exchange ecosystem for the global users through the most professional team of scientific and technical talents.
the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) is a Canadian financial intelligence unit established in 2000 and headquartered in Ottawa. Mainly responsible for collecting, analyzing, evaluating and disclosing information about the Canadian financial industry to protect Canada’s financial stability and security. It is an independent body that reports to the Minister of Finance and is responsible for the Parliamentary Activity Center.
FINTRAC is a member of The Egmont Group Financial Intelligence Units
(FIU), which aims to strengthen cooperation and information exchange to support member countries’ anti-money laundering and terrorist financing systems.