As Freedom Convoy Gets Stronger, Canada Broadens 'Terrorist Financing' Rules
With Canada's "Freedom Convoy" of truckers successfully blocking commerce, officials are taking stronger measures to censor bitcoin donations.The below is a direct excerpt of Marty's Bent Issue #1163: "If at first you don't succeed label peaceful protestors 'terrorists' and forcibly take their money." Sign up for the newsletter here.Well that escalated quickly. We've been covering the Freedom Convoy in Canada over the last few weeks. When we first wrote about the subject, GoFundMe had shutdown a campaign dedicated to the cause after being pressured by the Canadian government. In light of....
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The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financing rules is also broadened to cover crowdfunding platforms and “all forms of transactions, including digital assets such as cryptocurrencies.” Canadian Government Invokes Emergencies Act Canadian Prime Minister Justin Trudeau announced Monday that “the federal government has invoked the Emergencies Act to supplement provincial and territorial capacity to address the....
The broadened scope of the Terrorist Funding rules includes crypto transactions to protesters and gives the government the power to freeze bank accounts. 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,” including crypto.Deputy Prime Minister Chrystia Freeland said in a press conference on Feb. 14 that this latest tactical maneuver against the protesters broadens the scope of Terrorist Financing rules. It targets “crowdfunding platforms and the....
This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were raised using Gofundme to help fund the protest. However, the crowdfunding platform decided to halt the fundraise and reimburse the donors who sent money. The decision has caused a massive uproar as Gofundme’s decision has exposed the vulnerabilities of centralized crowdfunding applications.
Trucker’s Vaccine Mandate Protest Raises $9 Million, Gofundme Shuts....
Among the chaos of the Freedom Convoy and Canada's authoritarian reaction, Bitcoin proved itself to be a sovereign financial rail for fueling protests.
While the Canadian government and Prime Minister Justin Trudeau try to quell the demonstrations in Ottawa by sending police to the encampment on Friday, a United States version of the Canadian trucker’s Freedom Convoy called the “People’s Convoy” is underway. According to the American Foundation for Civil Liberties & Freedom, the U.S. convoy has raised more than $100K so far.
As Trudeau Cracks Down on Trucker’s Protest in Ottawa an American Convoy Is Underway
For weeks, the entire world has been watching the Freedom Convoy protests in Canada....