Canada


Opinion

Bitcoin Is a Bad Way to Fund the Ottawa Protest, and That's a Good Thing

Funding an illegal protest isn’t right in any currency, even if the government’s use of the Emergency Measures Act should worry all Canadians.

(Naomi Mckinney/Unsplash)

Videos

Canada Sanctions 34 Crypto Wallets Tied to Trucker 'Freedom Convoy'

The Ontario Provincial Police and Royal Canadian Mounted Police ordered all regulated financial firms to cease facilitating any transactions from 34 crypto wallets tied to funding trucker-led protests in the country. CoinDesk's Global Policy & Regulation Managing Editor Nikhilesh De discusses the latest on the state of crypto regulation in Canada.

Recent Videos

Policy

Canada Sanctions 34 Crypto Wallets Tied to Trucker 'Freedom Convoy'

Bitcoin, Ethereum, Litecoin, Monero and Cardano addresses are all on the list.

Canadian truckers blocked borders and bridges in protest of Canada's vaccine mandate for entrants from the U.S. (Spencer Platt/Getty Images)

Opinion

Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest

Bitcoin cannot be intercepted, making it a powerful charitable tool. But human organizations are still central points of failure.

(Maksim Sokolov [Maxergon]/Creative Commons, modified by CoinDesk)

Videos

Why Canada's Enactment of the Emergencies Act Is 'Very Very Scary'

Canadian Prime Minister Justin Trudeau invoked the Emergencies Act to address the continued protests across the country over COVID-19 measures. The move includes an expansion of money-laundering laws to include crypto transactions, adding that banks can immediately freeze or suspend bank accounts. "The Hash" resident Canadian co-host Jenn Sanasie says the government going after people's funds at this polarizing time is "very, very scary," especially as it hits close to home. The crew dissects this controversial measure on "The Hash."

Recent Videos

Policy

Canada's Trudeau Enacts Emergencies Act, and Crypto Is Included

The move by the prime minister includes an expansion of money-laundering laws to include crowdfunding platforms and cryptocurrency transactions.

Justin Trudeau (Art Babych/Shutterstock)

Learn

Canada Crypto Tax Guide 2022

Like many jurisdictions, crypto assets are treated as "property" in Canada, meaning investors will owe taxes to the Canadian Revenue Agency (CRA) in certain situations. This piece is part of CoinDesk's Tax Week.

Canadian flag (Getty)

Videos

KPMG Canada Exec on Adding Crypto to Its Balance Sheet: ‘We Believe in This Sector’

The Canadian branch of accounting giant KPMG has acquired bitcoin and ether on its balance sheet. KPMG Canada’s Kareem Sadek shares his insights into the firm making its first allocation of crypto assets to its corporate treasury.

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Finance

Canadian Crypto Platform Newton Raises $20M Round at $200M Valuation

The Series B funding round was led by partners from DV Chain and took Newton's valuation to around $200 million.

Toronto