Canada Bomb: Emergency Rules To Cut Off Protesters’ Access To Bank Funds, Including Crypto

Canada Bomb: Emergency Rules To Cut Off Protesters’ Access To Bank Funds, Including Crypto
SHARE

It seems that the protests in Canada are taking all the wrong turns. Check out the latest reports about what’s going on over there. 

Decrypt online publication just noted that the Canadian government for the first time invoked the Emergencies Act in a bid to restrict the flow of funds to truck drivers protesting the country’s covid 19 restrictions.

It’s important to note that under the act, the government can freeze bank accounts without going through the court system.

They can also take a number of other actions to force an end to the demonstrations.

“We are broadening the scope of Canada’s anti-money laundering and anti-terrorist financial rules so they cover crowdfunding platforms and the payment providers they use.”

This is what Canada Deputy Prime Minister Chrystia Freeland said during a press conference. Freeland, who also serves as finance minister, added these actions would also cover cryptocurrencies.

The online publication mentioned above notes that the move comes after weeks of protest by a group of truck drivers dubbed the “Freedom Convoy,” which has taken to “blocking roadways, flouting mask rules, and honking their horns to voice their displeasure with vaccination mandates.”

GoFundMe cancels Freedom convoy 

Not too long ago, we revealed that the GoFundMe managed to cancel the fundraiser for the truckers in Canada who are protesting for freedom and against the coronavirus restrictions. 

Sen. Ted Cruz sent a letter to the Federal Trade Commission asking them to open an investigation into GoFundMe after the company canceled a fundraiser for truckers in Canada.

“Today I sent a letter to the Federal Trade Commission asking that the FTC open an investigation into GoFundMe into whether they’ve committed deceptive trade practices.”

It’s been just revealed that the billionaire entrepreneur Elon Musk responded recently to GoFundMe canceling the Freedom Convoy fundraiser for truckers that are protesting vaccine mandates in Canada by posting a meme that was targeting the company.

 

Check out more details in our previous article. 


SHARE
Rada Mateescu

Passionate about subjects from the science and health-related areas, Rada has been blogging for about ten years and at Health Thoroughfare, she's covering the latest news on these niches.

Post Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.