The measures include allowing banks to freeze the accounts of those suspected of supporting the blockades, without obtaining a court order. cryptocurrency bitcoin
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 Prime Minister Justin Trudeau announced Monday that “the federal government has invoked the Emergencies Act to supplement provincial and territorial capacity to address the blockades and occupations.
The prime minister explained that he invoked the Emergency Act to deal with the Freedom Convoy protests, which started on Jan. 28 by Canadian truckers opposing a vaccinate or quarantine mandate. The protests have shut some border crossings and paralyzed downtown Ottawa. As of today, a bank or other financial service provider will be able to immediately freeze or suspend the account of an individual or business affiliated with these illegal blockades without a court order. In doing so, they will be protected against civil liability.
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