Canada’s Bill C-25 Moves to Ban Crypto Donations from Federal Political Campaigns
The post Canada’s Bill C-25 Moves to Ban Crypto Donations from Federal Political Campaigns appeared on BitcoinEthereumNews.com.
TLDR: Canada’s Bill C-25 bans crypto, money order, and prepaid card donations across Canada’s political system. Canada’s Chief Electoral Officer shifted from tighter regulation to a full ban by November 2024. No major federal party has ever disclosed a crypto donation in either the 2021 or 2025 elections. Violators face penalties up to twice the contribution’s value, plus $100,000 fines for corporations. Crypto donations to political campaigns in Canada may soon be prohibited entirely. The federal government introduced Bill C-25, the Strong and Free Elections Act, on March 26, 2026. The bill proposes a full ban on cryptocurrency, money order, and prepaid card donations across the political system. This move follows years of concern from Canada’s Chief Electoral Officer about risks to electoral transparency. A Rarely Used Channel Under Heavy Scrutiny Canada first permitted crypto donations in 2019 under an administrative framework. That framework classified digital assets as non-monetary contributions, similar to property. The Canadian government has introduced Bill C-25 to ban political donations made in cryptocurrencies, money orders, and prepaid cards across the federal electoral system, citing limited traceability and challenges in verifying donor identities. Although crypto donations have been… — Wu Blockchain (@WuBlockchain) March 28, 2026 However, no major federal party has ever publicly accepted cryptocurrency donations. Neither the 2021 nor the 2025 elections recorded any disclosed crypto contributions. Under the original framework, contributions were not eligible for tax receipts. That was a strong disincentive in a system where donors routinely claim tax credits. Contributors of more than $200 had to be identified publicly by name and address. Only cryptocurrencies with verifiable public blockchains were permitted, excluding privacy coins like Monero and ZCash. Despite low actual use, Canada’s Chief Electoral Officer grew increasingly concerned over time. In a June 2022 post-election report, the CEO recommended tighter regulation of…
Filed under: News - @ March 28, 2026 10:57 pm