Emergencies Act – DIGIT INFO

Canadian Police Begin Unfreezing Accounts Tied to Freedom Convoy as Trudeau Revokes Emergencies Act

DIGIT — Thu, 24 Feb 2022 18:30:41 +0000

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 […]

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Trudeau revokes emergencies act powers but the case for crypto grows

DIGIT — Thu, 24 Feb 2022 07:19:42 +0000

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.

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Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada

DIGIT — Thu, 24 Feb 2022 01:00:00 +0000

U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul […]

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Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets

DIGIT — Wed, 23 Feb 2022 16:30:08 +0000

Canada’s securities regulator has flagged tweets by Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell encouraging people to use non-custodial wallets to evade freeze orders by the Trudeau government. “We are aware of this information and have shared it with the RCMP and relevant federal authorities,” said the Canadian regulator. Tweets by CEOs of […]

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Ruby on Rails Creator Capitulates on Bitcoin After Seeing Canadian Government’s Response to Freedom Convoy

DIGIT — Wed, 23 Feb 2022 01:30:39 +0000

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 […]

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Canadian Police Freeze Crypto Wallets Tied to Freedom Convoy Protests — Vow to Take Back Ottawa in Entirety

DIGIT — Thu, 17 Feb 2022 17:00:05 +0000

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 […]

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Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto

DIGIT — Tue, 15 Feb 2022 19:00:35 +0000

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 […]

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