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Canada Moves to Ban Crypto Donations as Election Bill Advances in Parliament
Canada is moving closer to banning cryptocurrency donations in political campaigns after lawmakers advanced new election legislation in Ottawa. Bill C-25, known as the Strong and Free Elections Act, passed its second reading in the House of Commons, signaling support in principle and sending the proposal to committee for further review. The bill would prohibit political parties and candidates from accepting cryptocurrency contributions, closing what regulators view as a gap in campaign finance rules. While amendments are still possible at the committee stage, the direction of policy is clear: crypto is being brought ... (full story)
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