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Decentralized Democracy

House Hansard - 35

44th Parl. 1st Sess.
February 20, 2022 07:00AM
  • Feb/20/22 4:36:52 p.m.
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Madam Speaker, I would like to stay on the topic of the financial measures. I was reading the order and its requirements. It talks about financial monitoring and accounts getting frozen. All of that is already part of the existing Criminal Code, but what about cryptocurrency? If that is the only element that is not in the Criminal Code, was it really worth proceeding with the Emergencies Act, instead of quickly passing a bill to include cryptocurrency as personal property that can be seized in the event of illegal transactions, as the member said?
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Mr. Speaker, I thank the hon. member for her comment. I have enjoyed working with her on Bill S-216 and, if I am not being too bold, walking with her to the House earlier. I would say that this is an area of study and it is an area where we need to look at these new technologies. Unfortunately, the government has been behind on many things, including reviewing how cryptocurrency works in this context. We need to look at crowdfunding. We need to review all of these topics.
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