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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James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________ Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become evident that, at present, bitcoin is behaving as a risk asset,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Sotheby’s Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
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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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ … Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The new crypto mining facility in Sarnia, Ontario is expected to operate at 16 megawatts by the end of this month and will be scaled to operate at 28 MW by May. Blockchain company Bitfury announced the launch of a new crypto-mining data center in Ontario, Canada. The new crypto mining center adds to the…
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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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The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their Twitter activity…. Read More: Canadian Regulator Reports Coinbase, Kraken…
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Recent events in Canada sparked a global conversation about financial censorship and crypto’s potential to guard against it. Amid the barrage of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, the storyline that was arguably the most…
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Canada’s so-called “truckers’ protest” may be all but over, but its lasting effects are only just starting to be felt. As reported, the government took unprecedented steps to curb the protesters and their blockades of many of the nation’s roads by freezing bank accounts and trying to freeze their cryptoassets in an effort to…
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