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RE: Shockingly Unsurprising: The EU Considers Allowing Banks To Freeze Accounts
In Canada the federal government recently gave banks the right to seize currency from accounts during difficult times . The banks are obligated to provide its own shares of equal value as a replacement . I'm not sure shares of a broke bank will go far at a grocery store . All the more reason to give our crypto stashes a big hug before we tuck it in at night . IMHO anyway .
Wow, that's huge, and given how the banking system works it's only a matter of time before they seize accounts. :(