Canada’s prime minister, Justin Trudeau, has ended the use of the Emergencies Act invoked last week to deal with the Freedom Convoy trucker protest. The Canadian police have also instructed financial institutions to unfreeze accounts previously frozen. “The situation is no longer an emergency, therefore the federal government will be ending the use of the […]
Category: Freedom Convoy
The Canadian PM has also begun to unfreeze many of the bank accounts of protestors and donors to the Freedom Convoy who are turning to Bitcoin to protect them from future interference.
The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have led to martial law, frozen […]
Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital […]
Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected to the Freedom Convoy protests under the Emergencies Act recently invoked by Prime Minister Justin Trudeau. Banks have also received letters about “designated persons” tied to the protests as the police vow to take back […]
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financing rules is also broadened to cover crowdfunding platforms and “all forms of transactions, including digital assets such as cryptocurrencies.” Canadian Government Invokes Emergencies Act Canadian Prime […]
The second attempt to block funds from reaching the truckers through a traditional fundraising platform has resulted in more donations being made in Bitcoin.