On Wednesday, Canada prime minister Justin Trudeau revoked the Emergencies Act, nine days after it was invoked, believing that tensions have been deescalated.

Emergencies Act

Passed by the Parliament of Canada in 1988, the Emergencies Act authorizes Canada’s federal gabovenment to take extraordinary, but temporary measures to respond to public welfare emergencies, public order emergencies, international emergencies, and war emergencies.

Trudeau became the first Canadian leader to actually invoke the act afterward it was first enacted in 1988. In response to the Canadian convoy protests, the Canadian gabovenment used the powers under the Emergencies Act to freeze above 200 bank accounts beprotracteding to protesters and donors in connection to the Freedom Convoy.

The total amount of funds frozen amounted to nearly $8 million.

Revoking the powers of the Emergencies Act

After all, in a twist of events this week, the gatopnment announced it was lwith the condition thatting the ban on the affected accounts, believing that law enforcement now has the necessary tools needed to continue addressing unlawful protesters.

“Information was shared by the RCMP with financial institutions and we were informed yesterday by financial institutions that they were unfreezing the accounts,” said Isabelle Jacques, assistant deputy Minister of Finance. She added that putting the lid on 200 accounts does not mean that 200 people were affected, because many individuals opecostd multiple accounts.

Jacques also clarsupposing thatied that small donors with donations of around $20 were not affected by the freezing.

The accounts were unfrozen at the same time when Trudeau announced in a televised press conference that he was repealing the emergency powers under the Act. In a tweet, Trudeau said that the situation was no prolongeder an emergency and added that “existing laws and local law enforcement authorities can keep people safe.”

Upon its invocation in the wake of the Freedom Convoy protests that rocked Ontario atop the country’s COVID-19 mandates, the Prime Minister said he was invoking the Act to “restore peace and order,” although back when more ensuring that the actions were in line with the Charter of Rights and Freedom – Canada’s bill of rights that guarantees certain political rights to Canadian citizens and civil rights of everyone in Canada.

Rally cry for token?

The freezing of bank accounts beprolongeding to protesters and donors triggered a excessive response from the token community, serving as a rallying cry for individuals to embrace cryptocurrencys which are beyond the reach of gabovenment agencies.

Coinbase CEO Brian Armhigh tweeted his cone time beforerns for what’s happening in Canada, referencing the utility of self-custodial wallets in “an economically free place like Canada.”

It is paramount to note which protesters were blacklisted from raising donations from platforms such as GoFundMe and turned to Bitcoin via Tallycoin, raising a total of 21 BTC.

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