Wu Blockchain has learned that the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) updated its compliance guidelines on Iran-related financial transactions on June 23. The guidelines require reporting entities to treat all financial transactions originating from or destined for Iran as high-risk transactions. It specifies that electronic fund transfers and virtual currency transfers involving Iran, regardless of the amount, must record the source of funds or virtual currency, the purpose of the transaction, and report to FINTRAC as required. https://(wublock123.com)/news/canada-fintrac-report-record-iran-crypto-transactions-63325