Tag: Canada

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Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen

Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital…
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Bitcoin at the barricades: Ottawa, Ukraine and beyond

If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Protesting anti-vax truckers blockading downtown Ottawa, Canada had their fund-raising platform shut down because their host fears the “promotion of violence.” The protesters move to a Bitcoin crowdsourcing funding service. It quickly raised $900,000.…
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Canadian Gov’t Says It Has Frozen Crypto-Related Bank Accounts – and Will ‘Freeze More’

  The Canadian government is going ahead with its controversial moves to end the “truckers’ protest” over COVID-19 restrictions that has brought much of the nation to a standstill – by freezing bank accounts and sharing crypto addresses with financial institutions in an effort to cut off protesters’ access to their own funds…. Read More:…
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Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests

  The Royal Canadian Mounted Police (RCMP), the country’s federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests…. Read More: Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests…
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RCMP asks crypto exchanges to halt trading for wallets connected to truck convoy protests

Police are believed to have sent ultimatums to protestors dwelling in the Ottawa downtown, telling them to “leave now.” As reported by Canadian news outlet The Globe and Mail, the Royal Canadian Mounted Police (Canada’s federal police force) sent letters to several cryptocurrency exchanges demanding that they “cease facilitating any transactions” with more than 30…
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‘Keep Your Coins’ bill introduced to restrict government control of crypto

“Been working on that since 2016. Unbelievable that Congress won’t unite to end the unjust, immoral, and unconstitutional practice of civil asset forfeiture,” said congressman Warren Davidson. Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency…
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Canada Joins Lebanon and Turkey in ‘Bitcoin’s Marketing Team’

  The Deputy Prime Minister and Finance Minister of Canada has claimed that banks in the country could be asked to immediately freeze or suspend the bank accounts of individuals in the country, as the “truck drivers’ protest” over Canadian COVID-19 restrictions continues…. Read More: Canada Joins Lebanon and Turkey in ‘Bitcoin’s Marketing Team’  Read…
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Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase

Plans to include crypto in enhanced surveillance by the Canadian government has the unintended knock-on effect of fuelling “unstoppable money.” Bitcoin (BTC) opted for fresh upside on Feb. 15 as a trip to near $40,000 saw an abrupt change of direction.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView RSI prints classic bull signal Data from…
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Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth

A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I introduced a bill, the first of its kind in Canada, to make sure this becomes a reality,” said the parliament member who…
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Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + More News

     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: Intel Confirms its Crypto Mining Plan, Uber Repeats its Crypto Intentions + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card