Cryptocurrencies

    Federal Court of Canada deems cryptocurrency freeze unconstitutional

    Article Image

    The Trudeau government's resolution to freeze cryptocurrencies amidst the "Freedom Convoy" protests in 2022 was ruled as unconstitutional by the Federal Court of Canada, posing a significant legal challenge to their use of emergency powers.

    The court confirmed this decision on January 23, identifying the crypto freeze as unlawful, prompting a reevaluation of the government's emergency approach.

    Disclaimer

    Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

    Publisher
    Grafa