VNCOIN Guide: Canada moves to ban crypto donations for election campaigns following UK

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  • Canada’s federal government has moved to ban cryptocurrency donations to political campaigns, shutting down a fundraising channel that appears to have seen little to no real-world use in the country's previous elections.
  • Bill C-25, the Strong and Free Elections Act, introduced March 26, would prohibit political contributions made in BTC and other cryptoassets, as well as in money orders and prepaid payment products, grouping them as forms of funding that are difficult to trace.
  • The ban applies broadly across the political system, covering registered parties, riding associations, candidates, leadership and nomination contestants, and third parties engaged in election advertising.
  • government has also recently announced an immediate moratorium on cryptocurrency donations to political parties, citing concerns that digital assets could be used to hide the origins of foreign money in British politics.
  • Canada's Bill C-25 addresses a theoretical vulnerability rather than a documented problem.
  • Canada has permitted crypto donations since 2019 under an administrative framework that classified them as non-monetary contributions, similar to property.

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Nguon tham khao: https://www.coindesk.com/policy/2026/03/28/canada-moves-to-ban-crypto-donations-for-election-campaigns-following-uk

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