The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) has fined Xeltox Enterprises, the parent company of Cryptomus, nearly $177 million for non-compliance, the federal regulator announced on Wednesday. Parent Company of Cryptomus Fined$177 Million According to an October 22 press release, FINTRAC fined the crypto exchange’s parent company for failing to comply with Part 1 of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and associated regulations. According ...