Kraken CEO Advices Investors to Consider Peer-to-Peer Trading Platforms
Bitcoin and other cryptocurrencies are still being used to support demonstrators in Canada. For some of the demonstrators, Prime Minister Justin Trudeau’s recent invocation of the Canada Emergencies has had dire consequences. Jesse Powell, CEO of Kraken, has urged investors to avoid centralized exchanges as the Canadian government moves to freeze the accounts of protestors in the Freedom Convoy.
Deputy Prime Minister Chrystia Freeland revealed in a video aired on True North that crypto accounts detected by the RCMP have been blocked and that more would be frozen. Jess Powell responded to the video. According to Prime Minister Justin Trudeau, accounts are being frozen in accordance with restrictions given to financial service providers.
