Evidence of meeting #142 for Finance in the 42nd Parliament, 1st Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was cash.
A video is available from Parliament.
5:20 p.m.
Liberal
The Chair Liberal Wayne Easter
Is there anything else any of the witnesses would want to add, or anything we've missed? One final quick question?
Ms. Saperia.
April 16th, 2018 / 5:20 p.m.
Director of Policy for Canada, Foundation for Defense of Democracies
I wish to add two things very briefly.
One, to the point about the number of convictions, this is not at all about the ATM machines in particular, but I do think that as a priority there should be more funding for enforcement generally. That is really an issue that needs greater attention here in Canada.
Cryptocurrencies, about which I am not an expert, are clearly becoming more of an emerging issue. I note that the U.S. Department of the Treasury, a few weeks ago, signalled that it is going to start putting digital currency addresses on the sanctions list. This is a really big step, and it's showing that the U.S. sees digital currency as an emerging form of financial payments that nefarious actors may use. With that step, it is looking to address that risk.
There are a number of people with whom I work in the United States who are experts in this area, and you should speak to them, because there's just so much to learn.
5:25 p.m.
Liberal
The Chair Liberal Wayne Easter
We did have some witnesses on cryptocurrency, and we hope to look at it further.
Thank you very much.
The meeting is adjourned.