But recently, Canada updated their rules around money laundering laws in an effort to restrict crowdfunding sites and cryptocurrency transactions.

This means that the government fear that they lose its power over the people, and they are trying to control every possible threat to avoid losing their power over the people.

Probably they are willing to do anything to keep their power over the people.

Some say this move for the emergencies act will help matters, while others only see it as a desperate attempt at even more tyranny.

I am not from Canada, but this is obviously strengthening the tyranny. Similarly to my country (Hungary), where it is an everyday practice of the government to oppress/suppress people by doing various things, including maintaning financial discrimination (keeping people under the local minimum wage, not increasing the minimum pension, stealing private pension fund, etc).

I hope that the people in Canada (and in every tyranny) keep fighting for their rights, and I also hope that one day cryptocurrency will put an end to every tyranny.

Have a nice day. All the best. Greetings and much love from Hungary.