Getting Donald Trump’s signature on U.S. legislation that created a regulatory framework for stablecoins helped launch the cryptocurrency into the mainstream.
Canada’s banks are exploring new ways to stamp out compliance and financial-crime concerns in sectors that the country’s largest lenders have traditionally deemed too risky for their loan books – a development bolstered by recent regulatory changes.
The U.S. trade war has upended supply chains and American financial-regulation overhaul is accelerating technology advancements in the banking sector. This has increased pressure on Canadian banks to crack down on financial crime while looking at investing in growing industries.
For example, some in the U.S. are “promoting banking certain industries that were perceived before as high-r

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