Canadas Prime Minister Criticizes Bitcoin, Highlighting its Weaknesses

Canada’s recently elected Prime Minister Mark Carney has expressed skepticism towards Bitcoin, stating concerns about its potential impact on the economy. Carney, a well-known critic of the popular cryptocurrency, has raised questions about its volatility and lack of regulation. In a recent interview, Carney highlighted the importance of protecting consumers and investors from the risks [...]

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Canada’s Emergencies Act looks to quash donations via crypto

Canadian prime minister Justin Trudeau has enacted the Emergencies Act for the first time after failing to subdue the ongoing trucker blockades against COVID-19 health measures. Among other things, the latest move will enable Canadian authorities to monitor and restrict protester finances, including cryptocurrencies, going through protesters’ bank accounts. Mass protests have taken place in […]

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National Bank of Canadas Bearish Stance on Bitcoin: What You Need to Know

The National Bank of Canada Suggests a Negative Outlook for Bitcoin In recent statements, the National Bank of Canada hinted at a bearish stance on Bitcoin, indicating potential concerns about the cryptocurrency’s future performance. While Bitcoin has seen significant volatility in the past, the bank’s apprehension underscores the uncertainty surrounding digital assets in the financial [...]

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