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Canada to create powerful financial crimes agency as US weakens its approach
| United Kingdom | politics | ✓ Verified - theguardian.com

Canada to create powerful financial crimes agency as US weakens its approach

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<p>Cryptocurrency ATMs also face ban, after public inquiry found Canada lacked anti-money-laundering strategy</p><p>Canada is to establish a new and powerful law enforcement agency to investigate financial crime, in stark contrast to the US, where weakened federal investigators have struggled to pursue fraudsters and the White House has <a href="https://www.theguardian.com/us-news/ng-interactive/2025/dec/21/trump-white-collar-criminals">pardoned convicted money launderers

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<p>Cryptocurrency ATMs also face ban, after public inquiry found Canada lacked anti-money-laundering strategy</p><p>Canada is to establish a new and powerful law enforcement agency to investigate financial crime, in stark contrast to the US, where weakened federal investigators have struggled to pursue fraudsters and the White House has <a href="https://www.theguardian.com/us-news/ng-interactive/2025/dec/21/trump-white-collar-criminals">pardoned convicted money launderers
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