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Why Canada's Enactment of the Emergencies Act Is 'Very Very Scary'

Why Canada's Enactment of the Emergencies Act Is 'Very Very Scary'

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Canadian Prime Minister Justin Trudeau invoked the Emergencies Act to address the continued protests across the country over COVID-19 measures. The move includes an expansion of money-laundering laws to include crypto transactions, adding that banks can immediately freeze or suspend bank accounts. “The Hash” resident Canadian co-host Jenn Sanasie says the government going after people’s funds at this polarizing time is “very, very scary,” especially as it hits close to home. The crew dissects this controversial measure on “The Hash.”

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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