Yugocean
Valued Contributor
Jesse Powell, and Brian Armstrong, CEOs of renowned cryptocurrency exchanges Kraken, and Coinbase, have become the subject of investigation for the Government of Canada.
Both Powell and Armstrong have urged people to use noncustodial cryptocurrency wallets through their tweets.
Govt of Canada has frozen bank accounts of those, who are involved in the strike in Canada. So, the people are building economic support through cryptocurrencies. That's why the Canadian government is putting pressure on cryptocurrency exchanges to freeze the accounts of possible strikers. In such a situation, motivating people to self-detain their digital assets was found suspicious.
The Canadian securities' regulator, the Ontario Securities Commission (OSC), has reported this issue to the federal police. Now, the Royal Canadian Mounted Police (RCMP) is investigating the matter.
Powell and Armstrong are just doing business, they are only promoting their products, not really sympathizing with striking Canadians, yet the matter is political, and investigation result might get into something unexpected.
Both Powell and Armstrong have urged people to use noncustodial cryptocurrency wallets through their tweets.
Govt of Canada has frozen bank accounts of those, who are involved in the strike in Canada. So, the people are building economic support through cryptocurrencies. That's why the Canadian government is putting pressure on cryptocurrency exchanges to freeze the accounts of possible strikers. In such a situation, motivating people to self-detain their digital assets was found suspicious.
The Canadian securities' regulator, the Ontario Securities Commission (OSC), has reported this issue to the federal police. Now, the Royal Canadian Mounted Police (RCMP) is investigating the matter.
Powell and Armstrong are just doing business, they are only promoting their products, not really sympathizing with striking Canadians, yet the matter is political, and investigation result might get into something unexpected.
