Canada's virtual monetary policy

1. At present, among all the AA regulatory licenses, the Canadian FTR MSB license has the highest cost performance ratio, the lowest cost and the least negative. It is the only choice for all medium and large-scale platforms to use the advanced license in the middle and later period.

2. It seems that there is no other way to play, like bitcoin and so on, all use mining machine

3.

Hello, I'm glad to answer this question

money services business (MSBS) in Canada is subject to Canada's anti money laundering (AML) and anti terrorist financing (CTF) requirements. The Canadian regulator is fintrac. In addition to monitoring the instry, fintrac receives regular reports from licensed MSBS and issues updated instry regulations for the instry. If you do business in Quebec, you are also regulated by the Financial Markets Association (AMF). AMF is the Quebec government's regulatory body for the province's financial markets. In addition, as an organization collecting personal data, the office of the Privacy Commissioner of Canada will regulate your personal data practices. Instry members may also be subject to additional provincial requirements, depending on where you do business

if you are a money service company, you need to know all the obligations that apply to you. This includes registering your business with fintrac, reporting to fintrac, keeping records, identifying your customers, and having a compliance plan

if you conct business in Canada and provide the following services to the public, you are a money service:

foreign exchange transaction: you can convert one currency (US dollar to Canadian dollar) into another currency

fund payment: transfer funds from one person or organization to another by using electronic fund transfer network or any other method

cash or sell a money order, a traveler's check or anything similar: this may also include cashing or selling a traveler's check or anything similar. This does not include cashing checks to specific indivials or organizations

money services businesses (MSBS) in Canada are subject to Canadian anti money laundering (AML) and anti terrorist financing (CTF) requirements. The Canadian regulator is fintrac. In addition to monitoring the instry, fintrac receives regular reports from licensed MSBS and issues updated instry regulations for the instry. If you do business in Quebec, you are also regulated by the Financial Markets Association (AMF). AMF is the Quebec government's regulatory body for the province's financial markets. In addition, as an organization collecting personal data, the office of the Privacy Commissioner of Canada will regulate your personal data practices. Instry members may also be subject to additional provincial requirements, depending on where you do business

if you are a money service company, you need to know all the obligations that apply to you. This includes registering your business with fintrac, reporting to fintrac, keeping records, identifying your customers, and having a compliance plan

if you conct business in Canada and provide the following services to the public, you are a money service:

foreign exchange transaction: you can convert one currency (US dollar to Canadian dollar) into another currency

fund payment: transfer funds from one person or organization to another by using electronic fund transfer network or any other method

cash or sell a money order, a traveler's check or anything similar: this may also include cashing or selling a traveler's check or anything similar. This does not include cashing checks to specific indivials or organizations

4. Hello, Canadian MSB license plate can be added now
Canadian MSB license and American MSB license are still one of the most popular licenses at present. No matter the X price ratio or the gold content, they are superior. The main purpose of applying for license by the exchange is three points: publicity, compliance and packaging

many agents say that the price of MSB license in the United States is higher than that in Canada. In fact, the Canadian MSB license is also good. Especially after the new virtual currency trading authority, the scope of supervision is wider and the platform is more secure. Therefore, the Canadian MSB license is on fire again, and the license application fee is not very high, so there is no need to pay a deposit, No monthly maintenance costs, fast processing cycle, good reputation, high visibility<

application process
the first step is to register a Canadian company
Company Registration - about one week
register a Canadian company according to the legal address in Canada, the address proof of shareholders and directors, the resume of directors, detailed personal information and contact information of directors<

the second step is to apply for fintrac m license
license application - about 3 weeks
submit the application for M license to fintrac, answer questions, write and submit the document description

it is worth noting that owners who have previously applied for Canadian MSB licenses can also submit applications now if they want to increase the trading authority of virtual currency.

5. I'm happy to answer that

6. Reply according to the request of the lawsuit
write down the facts of the case.

7. It is suggested to search the model of defense on the Internet and write it according to the format of the model

8. For trademark infringement accusation, we can defend it from the following three aspects:
first, we can defend it from the fact that the logo on the accused infringing proct is not the same as or similar to the registered trademark
secondly, we can defend from the aspect that the accused infringing proct has legal source
thirdly, we can defend from the infringement circumstances, damages, benefits and other aspects.

9.

If the real MLM model is legal, and the non real MLM model becomes MLM, it is illegal< There are essential differences between MLM and MLM. Pyramid selling refers to the illegal act of organizers and developers to obtain wealth by calculating and paying remuneration to the developed personnel based on the number or performance of the personnel directly or indirectly developed by them, or requiring the developed personnel to obtain the qualification of joining in the condition of paying certain fees

the essence of MLM is "Ponzi scheme", that is to say, the money of the later comer is paid to the income of the former, there is no actual proct, or the value of the actual proct is far lower than the advertised price

The essence of MLM is direct selling. MLM, as a way or means to motivate everyone (whether customers or employees) to publicize the parent company, is similar to MLM, but it has real goods, and the price is also in line with the value of the goods, only the middleman is removed

< H2 > extended materials:

the full name of MLM is multi-level marketing, which is translated into multi-level information network marketing in Chinese. It is an advanced way of publicity and marketing. He fully embodies and uses the principle of "market doubling"“ The "MLM" mode has many advantages, such as small investment, high profit, no risk and so on. It has been widely used in various fields

Only in the process of commodity circulation can profits be generated, and these profits must be distributed at multiple levels, which is the problem of commission and bonus system. But now all countries in the world are cracking down on "pyramid selling". Here we show that it is essentially different from "pyramid selling". Because the illegality of MLM lies in the use of MLM, a multi-level marketing model, to make huge profits for indivials. In the relationship of "pyramid selling", the value and price of procts deviate from each other obviously, and the consumers' interests are harmed by the way of price increase at different levels. Some even have no proct fraud

reference link: network MLM network MLM