Canada’s new budget includes regulating crowdfunding after Freedom Convoy support

Canada’s new budget announced On April 8 includes restrictions on crowdfunding platforms and an investigation into cryptocurrency. The two provisions are some of the sanctions the government imposed under the Emergencies Act to stop the Freedom Convoy Protest.

While announcing the new budget, Finance Minister Chrystia Freeland said that there would be stricter regulations for crowdfunding platforms and payments processors and a “legislative review” of cryptocurrency.

“In the last several months … there have been a number of high-profile examples — both around the world and here in Canada — where digital assets and cryptocurrencies have been used to avoid global sanctions and fund illegal activities,” the government said, citing the use of crypto to evade sanctions imposed to end the Freedom Convoy Protests.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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