Canada proposes a bill to ban cryptocurrency political donations, citing risks to electoral integrity.

GateNews

2026-03-29 00:16:05

Gate News reports that on March 29, the Canadian government proposed the “Strong Free Elections Act” (Bill C-25) on March 26, aiming to prohibit political donations to parties and candidates in the form of cryptocurrency, money orders, and prepaid cards. The government stated that such assets have pseudo-anonymity, making it difficult to verify the identity of donors, which poses a risk to election integrity. The bill is currently in the first reading stage in the House of Commons. Previously, the UK had also announced a suspension of accepting cryptocurrency political donations.

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