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Canada Set to Ban Cryptocurrency Contributions to Political Campaigns

From crowdfundinsider.com

Canada is set to prohibit cryptocurrency contributions to federal political campaigns, mirroring a recent step taken by the United Kingdom to curb similar risks. The proposed legislation, known as Bill C-25 or the Strong and Free Elections Act, was tabled in Parliament on March 26 and aims to eliminate a little-used avenue for funding that officials view as a potential weak spot in the democratic process. This move comes after repeated alerts from Canada’s Chief Electoral Officer, who has long expressed unease about digital assets in politics. Initially, the officer suggested stricter oversight when cryptocurrency ... (full story)

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