2026-03-29 00:16:05
Canada proposes a bill to ban cryptocurrency political donations, citing risks to electoral integrity.
Gate News reports that on March 29, the Canadian government introduced the "Strengthening Democracy Act" (Bill C-25) on March 26, which aims to prohibit political donations to parties and candidates in the form of cryptocurrencies, 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 risks to electoral integrity. The bill is currently in the first reading stage in the House of Commons. Previously, the UK also announced a suspension of accepting political donations in cryptocurrency.