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Canada
BTC Bounces Above $41K: Is Crypto a Wartime ‘Safe Haven’?
Mauricio Di Bartolomeo of Canadian crypto lending platform Ledn, joins “All About Bitcoin” to discuss BTC’s recent price surge above $41,000 as those affected by the Russia-Ukraine conflict turn to bitcoin apparently as a financial safe haven. As Ukrainian officials call for Russian and Belarusian crypto addresses to be frozen, Bartolomeo discusses the role of trading platforms during times of conflict, looking also at the enactment of the Emergencies Act in Canada during the trucker protests.
Central Bank of Russia Braces for Turmoil With Nonresident Trading Ban
Nonresident holders of Russian equities won't be able to cash out, at least for now.
Canadian Prime Minister Trudeau Revokes Emergencies Act Against Trucker Protests
As the "Freedom Convoy" protests in Canada dissipate, Canadian Prime Minister Justin Trudeau has revoked the Emergencies Act ending its freeze of bank accounts tied to the uprising. “The Hash” discusses this recent update, the importance of sovereign digital currencies and legislative parallels in the United States.
First Mover Asia: China CBDC Is No Government Version of Bitcoin; Terra's Luna, Other Altcoins Jump
The eCNY and other CBDCs are digital versions of cash issued by a central bank, unlike bitcoin which has no single issuing authority; bitcoin surpassed $39,000 on Tuesday before dropping into the red.
‘Frozen’ Bitcoin Tied to Canadian Trucker Protests Moved to Coinbase, Crypto.com
Bitcoin tied to the Canadian trucker uprising against COVID-19 restrictions has recently been moved from the original address to Coinbase and Crypto.com following a government effort to freeze said assets. “The Hash” discusses this latest update in the Canadian story and the utility of public blockchains for “following the money.”
Trudeau Proved Bitcoin's Value, so Why Is It Trading Sideways?
Financial censorship in Canada is creating new crypto converts. But BTC's price isn't following - yet.
Canadian Authorities Warn Crypto Exchanges Against Promoting Self-Custodial Wallets
Coinbase CEO Brian Armstong and Kraken CEO Jesse Powell tweeted to the public about the difference between self-custody wallets and custody wallets. Shortly after, the Ontario Securities Commission file these tweets with the Canadian police because it believed the crypto executives were offering advice on how to evade the sanctions on funds. “The Hash” discusses how bitcoin’s initial ambition of being a currency independent of government oversight is manifesting itself in the Canadian trucker protests.
'Frozen' Bitcoin Tied to Canadian Protests Lands at Coinbase, Crypto.Com
The situation shows the limitations of a government’s ability to thwart transactions on decentralized systems – but also the limitations of those systems to circumvent such sanctions.
Bitfury Launches 28MW Canadian Mining Facility
Located in Sarnia, Ontario, the project can be expanded to as much as 200 megawatts.
