The Canada Revenue Agency (CRA) is intensifying its efforts to tackle crypto tax evasion, targeting 2,500 users of Dapper Labs in its second-ever investigation of this kind. This follows a court order obtained by the CRA, which initially sought data on Dapper's top 18,000 users. Dapper Labs is known for its NFT offerings like NBA Top Shot and CryptoKitties. Despite generating over $72 million from tax evaders in the past three years, the CRA has not filed any criminal charges during this timeframe, highlighting challenges in enforcement. The CRA has initiated five criminal investigations involving digital assets since 2020, but four remain ongoing, primarily due to the complexities of cross-border cases and the need for international cooperation. The agency indicated that these investigations can take years to complete, depending on various factors, including the number of individuals involved and the availability of evidence. Meanwhile, Canada is developing new legislation for stablecoins and establishing a dedicated financial crimes agency set to launch in spring 2026, aimed at enhancing the country’s capability to tackle sophisticated financial crimes. In the realm of anti-money laundering, FINTRAC has taken a more aggressive stance, recently fining the exchange Cryptomus nearly C$177 million for violations, alongside significant penalties against KuCoin and Binance. These actions underline the growing scrutiny of crypto exchanges in Canada, as regulators work to close gaps in enforcement and compliance.