In response to ongoing protests by truckers who have blocked key crossings at the U.S.-Canada border, Canadian Prime Minister Justin Trudeau applied the Emergency Situations Act for the first time since it was enacted in 1988.
One of the law’s parameters is that the government will expand the scope of Canada’s anti-money laundering and terrorist financing rules. According to Trudeau, the rules will apply to crowdfunding platforms and payment service providers. The changes will also cover all forms of transactions, including digital assets and cryptocurrencies.
Earlier, it was reported that the organization Tallycoin raised more than 20 bitcoins (nearly $1 million) for striking truckers.
Now the organizers have closed the fundraising page and ask everyone to “keep an eye out for updates.”