According to a federal judge, the invocation of the emergency law by the government to freeze assets was not justified as there was no national emergency. The judge stated that there were no sufficient grounds to warrant the use of this law. This decision suggests that the government’s action in freezing assets was not in line with the legal requirements set forth by the emergency law. As a result, the judge concluded that the government did not have the authority to impose asset freezes under the pretext of a national emergency.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinJudge Rules Canada's Law Banning Protesters' Crypto Donations Unconstitutional