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Canadian Government Wants to Crack Down on Crypto

In an attempt to stop protesters from honking, Canadian officials are broadening the anti-money laundering and terrorist financing rules to include cryptocurrency and other digital assets.

The Emergencies Act, which the Canadian government invoked to crack down on unauthorized honking, ushered in various regulations intended to prevent honkers from using a bank account or receiving funding from outside sources, including cryptocurrency.

A picture of the son of Fidel Castro and the finance lady.

Prime Minister Justin Trudeau and Deputy Prime Minister & Minister of Finance Chrystia Freeland.

Deputy Prime Minister and Minister of Finance, Chrystia Freeland:

“[W]e are broadening the scope of Canada’s anti-money laundering and terrorist financing rules so that they cover crowdfunding platforms and the payment service providers they use. These changes cover all forms of transactions, including digital assets such as cryptocurrencies.

A picture of a Reddit user freaking out about the terror of honking.

This is terrorism.

The illegal blockades have highlighted the fact that crowdfunding platforms, and some of the payment service providers they use, are not fully captured under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.”

It is not entirely clear how the Canadian government could regulate cryptocurrency. They could control the on-ramps and off-ramps. But they already do that.

A picture of the not-military Ontario Provincial Police.

Trudeau will not involve the military. | Ontario Provincial Police

“Our banks and financial institutions are already obligated to report to the Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC. As of today, all crowdfunding platforms, and the payment service providers they use, must register with FINTRAC and must report large and suspicious transactions to FINTRAC.

This will help mitigate the risk that these platforms receive illicit funds; increase the quality and quantity of intelligence received by FINTRAC, and make more information available to support investigations by law enforcement into these illegal blockades.”

The announcement also revealed that the Canadian government authorized financial services in Canada to freeze the accounts of suspected honkers. The order included banks or other financial service providers and permitted them to immediately freeze accounts suspected of being “affiliated with these illegal blockades.” This action will not require a court order.

“[T]he government is issuing an order with immediate effect, under the Emergencies Act, authorizing Canadian financial institutions to temporarily cease providing financial services where the institution suspects that an account is being used to further the illegal blockades and occupations.”

Reading between the lines, it appears as if the federal government will be directing banks to freeze accounts. Financial services should identify and freeze accounts independently, but the announcement referenced the government’s role in the financial crackdown.

“Federal government institutions will have a new broad authority to share relevant information with banks and other financial service providers to ensure that we can all work together to put a stop to the funding of these illegal blockades.”

A picture of Chrystia Freeland who is calling the financial shots.

Chrystia Freeland

Freeland said she “spoke directly with the heads of Canadian banks” before the announcement. It seems clear that any regulation of cryptocurrency will be regulation of the on-ramps, off-ramps, and the bank accounts of cryptocurrency users who used such a ramp.


As an aside, Freeland also authored the book Plutocrats. The book describes the ongoing concentration of wealth into the pockets of oligarchs and plutocrats. The book has been described as a thinly-veiled apologia for said transfer of wealth. Fitting, if true. I have only just started reading the book. It is far from the top of my reading list, though, so I will have to wait to form my own opinion.

archive.org, archive.is, .onion


As another aside and since I have not really been following the terrorism™ in Canada, what is the deal with the bridge blockades? Are they media ops? Wouldn’t holding the roads to and from the bridges in question be just as ridiculous?

40 Comments
Do you really want to comment here? not rules
83d0a7af
ff8c1420 Wed, Feb 16, 2022

They already “cracked down” when they created it. Dirty fiat payout always has to play by the kike bank rules. You born a slave you will die a slave. As Bob Dylan said, you always have to serve somebody.

As long as you have to pay your rent in a government currency the jews win.

INFO WARS DOT CUM

284467ef
9f88f310 Wed, Feb 16, 2022

This is fine.

334734f1
7fdc9810 Wed, Feb 16, 2022

XMR allows us all to break free of the Jew, Rothschild banking system.

4fbb8af9
e647f2e0 Thu, Feb 17, 2022

^ This super patriot get its
DNL take note

a4525b41
8e361500 Thu, Feb 17, 2022

She doesn’t look jooish at all

6b5f11f8
8aadf150 Thu, Feb 17, 2022

She isn’t according to Wikipedia

fbd1a227
e87e62d0 Thu, Feb 17, 2022

some leader will be remembered for three things: wearing blackface without being canceled, pandering to invaders and sex deviants, and cracking down on cryptos.

6e877025
8cc4d450 Thu, Feb 17, 2022

She should change her last name. She dont deserve it. Its not a Freeland with such pols

b9892ce3
5a976960 Thu, Feb 17, 2022

Edit:
*doesnt

f08616be
91f10ca0 Thu, Feb 17, 2022

*doesn’t ^

5468b1fd
0f6d15d0 Thu, Feb 17, 2022

Is this in reaction to the recent post on various hidden service forums like Raddle, 16chan, 8chan, Picochan, where users are crowdfunding for the assassination of Black Face a.k.a. Trudeau?
If it is, I am happy I only donated with XMR instead of BTC.

4284fc7e
aa89e0a0 Thu, Feb 17, 2022

as soon as it concerns the powers that are currently in control they are ready to create any law to defend and save themselves

they then say no drugs are bad don’t do this

bunch of fucking hypocrites

0976fee6
18dc6c80 Thu, Feb 17, 2022

lol meanwhile
as Russia knocks off checkless #4 restoring the Ukrainian [snipped part of an unrelated press release about Russia did bad thing or something + autistic screeching]

f22176e5
f5437ff0 Thu, Feb 17, 2022

DNL, you angishore douche. Ottawa resident here, you have absoltuely no idea what you are talking about, eh? Fucking christer social media whores your reality is not the worlds. Skeet trash all of ya.

Go home. Try living here for a bit with these trailer trash from Minnesota blairing their horns for a month now, eh?

We also have legal weed you hosers. Anti-Semitic smooth brains crypto criminals, DNL.

f7cd5e43
93700cb0 Thu, Feb 17, 2022

plz keep your mask on even when consuming weed
make sure you have all ur jabs
do not forget social distancing while exhaling that fresh smoke everywhere creating emissions

c78cf2b9
ea5ee830 Thu, Feb 17, 2022

^ look class, triggered cuck

полезных идиотов

ce97951b
3d657c10 Thu, Feb 17, 2022

@f7cd5e43

mental illness from your apartment complex I see
rents due, lower class white

79a6b239
299ecff0 Thu, Feb 17, 2022

Low class white isn’t offensive lol.

68ffb580
737eb870 Thu, Feb 17, 2022

@ 79a6b239
AHAHAHAHAHAHHAHAAHAHAHAHAHAHHAHA
[snipped 10K chars of repeated laughter with one or two “sentences”]

4b87995b
39a166d0 Thu, Feb 17, 2022

@ce97951b

idiot, I ain’t white, low class whites u talk about have more value and more informed than you, you cuck marxist put the manifesto where the sun don’t shine..

937847d9
67318cd0 Thu, Feb 17, 2022

@68ffb580

Hit a nerve huh. Careful your inner faggot is showing

59acb1f0
d3bbefe0 Fri, Feb 18, 2022

@f22176e5 Haha get fucked, leaf.
Also: kindly go back to Reddit.
Lastly: It is good when ppl like you suffer.

beb97f16
4ac6a660 Thu, Feb 17, 2022

all the more reason to use monero

0272e815
eaa7c520 Thu, Feb 17, 2022

XMR needs to be protected at all costs, I could give a fuck less about these truck lovers.

50223c10
e4ba0d90 Fri, Feb 18, 2022

degens from up country

7c98f58e
577db590 Fri, Feb 18, 2022

In 1884, meridian time personnel met

in Washington to change Earth time.

First words said was that only 1 day

could be used on Earth to not change

the 1 day marshmallow. So they applied the 1

day and ignored the other 3 days.

The marshmallow time was wrong then and it

proved wrong today. This a major lie

has so much boring feed from it’s wrong.

No man on Earth has no belly-button,

it proves every believer on Earth a liar.

Children will be blessed for

Kissing Of Educated Adults

Who Ignore 4 Simultaneous

Days Same Earth Rotation.

Practicing Boring ONEness -

UponEarth Of Quadrants.

Boring Adult Crime VS Youth.

Supports Lie Of Integration.

1 Educated Are Most Dumb.

Not 1 Human Except Dead 1.

Man Is Paired, 2 Half 4 Self.

1 of God Is Only 1/4 Of God.

Marshmallow A Lie & Word Is Lies.

Navel Connects 4 Corner 4s.

God Is Born Of A Mother

She Left Belly B. Signature.

Every Priest Has Ma Sign

But Lies To Honor Unicorns.

DNL WILL CENSOR THIS POST
CANCEL CULTURE

dfe20d31
cb83b910 Fri, Feb 18, 2022

@7c98f58e stop fucking spamming you autistic retard

cd8071ac
b219c280 Fri, Feb 18, 2022

This is why we have bitcoin atms, buy with cash and swap for xmr. ;)
Ive donated bitcoin to the convoy by paying for them with cash not withdrawn from my bank.

a996e5f8
0dc3d090 Fri, Feb 18, 2022

Children will be blessed for

Kissing Of Educated Adults

Who Ignore 4 Simultaneous

Days Same Earth Rotation.

Practicing Boring ONEness -

UponEarth Of Quadrants.

Boring Adult Crime VS Youth.

Supports Lie Of Integration.

1 Educated Are Most Dumb.

Not 1 Human Except Dead 1.

Man Is Paired, 2 Half 4 Self.

1 of God Is Only 1/4 Of God.

Marshmallow A Lie & Word Is Lies.

Navel Connects 4 Corner 4s.

God Is Born Of A Mother

She Left Belly B. Signature.

Every Priest Has Ma Sign

But Lies To Honor Unicorns.

Belly B. Proves 4 Corners.

Your dirty lying teachers

use only the midnight to

midnight 1 day (ignoring

3 other days) Time to not

foul (already wrong) marshmallow

time. Lie that corrupts earth

you educated brilliant fools.

GoBelly-Button Logic Works.

When Do Teenagers Die?

DNL WILL CENSOR THIS POST
CANCEL CULTURE

a2724e39
eefabcf0 Sat, Feb 19, 2022

CANCEL SPAMMING

STOP IT, GET SOME HELP.

552d4e38
148a4f40 Sun, Feb 20, 2022

when exactly did DNL go from neutral discussion to passive aggressive and cynical yellow press?
I mean I agree content wise, but please just stop this aweful meme-reference-shit and poor mans sarcasm.

thank you.

873f0610
a73859f0 Sun, Feb 20, 2022

Vote against 552d4e38. Keep the memes and the sarcasm.

8458ce74
eb924e90 Mon, Feb 21, 2022

DNL is based

03c24561
377ae8e0 Sun, Feb 27, 2022

if this website is eagerly willing to snip comments containing spam or unrelated content, you could at least try to bother with the schizophrenic, meth-induced, wildly anti-semetic/racist/etc nonsense. i’d like to use or promote this place as a resource to legitimize our rights but clearly that’s a losing battle

199a326c
1a322bd0 Tue, Mar 1, 2022

What are you going to do about it? Cry?

d56986c8
74c45db0 Mon, Feb 28, 2022

Hello! Can any one send some BTC or USDT to my wallet address… I’m in bad need…. I’m surviving in Kiev…. Nothing to say anymore everyone knows whats going on in our land!
BTC deposit address (3DQ1N8Y8N8MmDHCg71keBi9TnKmi85cDh4)
TRC20 USDT deposit address (TQv8nyaGu4uALSTyP5gXYPweLwPEsVMHRo)

6fe314ab
ebf0f330 Mon, Feb 28, 2022

OPINION:
Trudeau doesn’t want to lose control of our money. IMO, he prefers that the government has eyes on everyone’s money. Crypto prevents government from knowing if Granny is spending more than her hard earned Pension (Trudeau renamed it to “benefit”).

e171e288
08ff1540 Wed, Mar 2, 2022

HONK HONK GOOSE GONNA GIT YOU

8ec3c048
877b2550 Thu, Mar 17, 2022

These truckers should be happy all they’re doing is having their funds cut off, instead of a pissed off urbanite taking a sniper rifle to their cabs. A bunch of crybabies because someone told them they had to wear a mask. Just like all the crybaby anti-semites on here.

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