EXPLORE PROGRAMS
Dealers in Virtual Currency (DIVC) — including crypto exchanges, OTC desks, ATM operators, and wallet-and-transfer services — are MSBs under the PCMLTFA and face some of FINTRAC's most active supervision. The Large Virtual Currency Transaction Report (LVCTR) and Travel Rule for virtual currency transfers add obligations that have no equivalent in fiat-only MSBs. This annual training is designed to keep DIVC compliance officers, operations, and customer-support staff current on FINTRAC expectations, evolving typologies (mixers, bridges, privacy coins, sanctioned addresses), and the operational nuances of on-chain monitoring. Real Canadian enforcement actions and FINTRAC operational alerts on virtual currency are used as the basis for the case studies.
You will learn how to register and operate as a DIVC under the PCMLTFA, how to identify and verify retail and institutional clients, how to apply the Travel Rule to virtual currency transfers, how to operate on-chain analytics in support of monitoring and STRs, how to file LVCTRs and STRs, and how to respond to a FINTRAC virtual-currency examination.
Course Cost :
$100.00
