Federal Court of Canada deems cryptocurrency freeze unconstitutional

Cryptocurrencies

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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.