As part of the Emergencies Act, Canada is broadening the scope the country’s anti-money laundering/anti-terrorist financing rules, which will now include crowdfunding platforms and the payment s...
Tag: Canada
A Former Bitcoin Fundraiser For Canada’s ‘Freedom Convoy’ Protest
As originally reported in the Toronto Star last Monday, February 7, Greg Foss, a Canadian and former hedge fund manager, was identified as one of five ‘multi-signature’ key holders of the Bitcoin rais...
Canada Emergencies Act Declares ‘War’ Vs Crypto And Freedom Convoy Protesters
Prime Minister Justin Trudeau has invoked the Canada Emergencies Act, a law that allows the government to freeze the bank accounts of protesters without the necessity for a court order. This will be t...
Canada, close to Freedom Convoy crypto wallets
Canada’s Prime Minister Justin Trudeau has clamped down on the Freedom Convoy’s no-vaxers by blocking cryptocurrency wallets. The decision comes at the height of a tense period. Canada, Freedom Convo...
ADALend CEO Kaspars Koskins: “ $100M fine for BlockFi, Canada banking freeze highlights the importance of Decentralized Finance”
Welcome to the second installment of our interview series with the ADALend CEO Kaspars Koskins. Recent events in the US and Canada have illustrated that Decentralized Finance is more important than ev...
Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest
On Monday, after Canadian Prime Minister Justin Trudeau enacted the never-used “Emergencies Act,” Deputy Prime Minister Chrystia Freeland said banks are allowed to freeze accounts related to the prote...
Canada Bans 34 Crypto Wallets Tied to Freedom Convoy
Key Takeaways Canadian police authorities have issued an order that blacklists several crypto wallets linked to the Freedom Convoy. There are reportedly 34 cryptocurrency wallets on the list containin...
“ $100M fine for BlockFi, Canada banking freeze highlights the importance of Decentralized Finance”
Welcome to the second installment of our interview series with the ADALend CEO Kaspars Koskins. Recent events in the US and Canada have illustrated that Decentralized Finance is more important than ev...
‘Keep Your Coins’ Bill Introduced To Congress Following Canada’s Emergency Seizure Of Trucker Assets
Yesterday, U.S. Congressman Warren Davidson (R-OH) introduced “Keep Your Coins” legislation designed to prevent federal restriction on individual user’s virtual currency or wallet transactions. The bi...
Could Canada Turn Anti Bitcoin? Behind The Layers Of Trudeau
Canada is not known for being hostile towards bitcoin but many didn’t expect recent authoritarian moves from their libertarian government. Canada’s Prime Minister’s recent moves point to a violation o...
Bitcoin hits $44K after Canada emergency powers accompany 6% BTC price increase
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...
Canada Evokes Emergency Act Against Freedom Convoy Protests: Targets Crypto
Canada’s Deputy Prime Minister Chrystia Freeland announced the new regulation on Monday as part of the Emergencies Act. “We are broadening the scope of Canada’s money laundering and terrorist financin...
Canada Regulates Crowdfunding Platforms and Crypto with Terrorist Financing Act
The Canadian government, for the first time, invoked the Emergencies Act to stop the more pernicious aspects of the COVID-19 trucker protests. Accompanying this is the freezing of accounts of truckers...
Canada invokes ‘Emergencies Act’ targeting crowdfunding and crypto
Canadian Prime Minister Justin Trudeau has invoked the Emergencies Act, which gives him the power to freeze Freedom Convoy protesters’ bank accounts and monitor “large and suspicious transactions,” in...
Canada Set To Become Crypto Power House With The Introduction Of A New Cryptocurrency Bill ⋆ ZyCrypto
Advertisement     Bill C-249 has passed its first reading and hopes to encourage crypto growth in Canada. Several market participants have received the bill positively...
Holdouts Still Blocking Key Bridge Connecting Canada And U.S. After Police Clear Away Most Protesters
Topline Most demonstrators drove away peacefully Saturday morning from the Ambassador Bridge, but Canadian police were facing off with a handful who continued to block the critical border crossing lin...
News Of Canada’s Return To No. 1 Lost Amid Ambassador Bridge Protest
Many of the 18-wheelers that are part of the protest at the Ambassador Bridge, responsible for 20% … [+] of U.S. trade with Canada, are likely being pulled by tractor rigs from Mexico, which sup...
Canadian leader declares state of emergency over bridge blockade, plans to arrest protesters
Vehicles clog downtown streets as truckers and supporters continue to protest coronavirus disease (COVID-19) vaccine mandates, in Ottawa, Ontario, Canada, February 10, 2022. Blair Gable | Reuters DETR...
Canada: Nearly $1M raised in Bitcoin as govt freezes donations to Freedom Convoy
Traditional fundraising platforms across the globe have raised millions and millions of funds to help a cause. This could go both ways depending on the cause. Take the case in Canada. The ongoing truc...
Ford Takes More Capacity Offline Because of Trucker Blockade in Canada
Text size Demonstrators against Covid-19 vaccine mandates block the roadway at the Ambassador Bridge border crossing, in Windsor, Ontario, Canada on Feb. 9. Geoff Robins / AFP via Getty Images Ford Mo...
Automakers cut production due to anti-vaccine Canadian trucker protest
Vehicles block the route leading from the Ambassador Bridge, linking Detroit and Windsor, as truckers and their supporters continue to protest against the coronavirus disease (COVID-19) vaccine mandat...
Crypto is volatile, but KPMG Canada just added bitcoin and ether to its balance sheet. Here’s why
KPMG in Canada has added an unknown amount of bitcoin and ether to its corporate balance sheet. The firm declined to disclose the amount of cryptocurrencies it purchased, but Kunal Bhasin, blockchain...
KPMG Canada Adds Bitcoin and Ethereum to Its Balance Sheet
KPMG Canada today announced it has directly invested in Bitcoin and Ethereum—the two largest cryptocurrencies by market cap. The move is the latest among a growing trend of large institutional player...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury – Featured Bitcoin News
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional ado...
KPMG Canada Adds Bitcoin, Ethereum to Balance Sheet
Key Takeaways KPMG Canada has invested in Bitcoin and Ethereum. The firm cited its commitment to innovative technologies and asset classes. The accounting firm did, however, take measures to offset th...
KPMG Canada Announces They Hold BTC And ETH On Their Balance Sheet
KPMG LLP has become the latest publicly traded company to add cryptocurrencies to its balance sheet. The Canada-based branch of the multinational full-service audit, tax and advisory firm today announ...