Canadian Prime Minister Justin Trudeau has announced that he will repeal the “Emergency Act”, which was used to freeze $8 million from 210 bank accounts in response to the trucker-led anti-vaccine protests.
Making a statement on February 24, Trudeau said, “The incident is no longer serious. Existing laws and regulations are currently sufficient to keep our people safe.” said.
Protesters had been demonstrating in front of the Parliament in Ontario for nearly a month to end the Covid restrictions. After that, the act of freezing the accounts was included in the scope of the “Emergency Act”. Prime Minister on February 23 Trudeau, freeze accounts of government banks started.
Canadian government traditional funding platforms GoFundMe and GiveSendGo blocked, protesters started fundraising with Bitcoin, and about 21 bitcoin donations they had.
Law on it money laundering and counter-terrorism financing the scope of the rules by the government to crowdfunding platforms and the ones they use. payment service providers Deputy Prime Minister stated that it was expanded to include chrystia Freeland said that the law now covers all transactions, including cryptocurrencies and digital assets.
Jesse Powell, CEO of Kraken He told Forbes on Feb. In the statements, against the sanctions made by Canada, support the protesters stated.