Controversial new rules enacted by the Liberal government under the Emergencies Act will require crowdfunding platforms holding money for illegal convoy protests to report any suspicious transactions, government officials said.
That includes transactions exceeding $10,000,and those suspected to be tied to money laundering or terrorist activity.
But the details of how the new rules will apply to cryptocurrencies weren’t available Tuesday evening, a day after Prime Minister Justin Trudeau announced the government would invoke the Emergencies Act to shut down protests against COVID-19 mandates that have blocked streets in downtown Ottawa and border crossings to the U.S.
