Canada Moves to Ban Crypto for Political Donations
Canada Moves to Ban Crypto for Political Donations
Canada's federal government has introduced new legislation, the Strong and Free Elections Act, aimed at enhancing election security. This bill specifically targets and would prohibit political parties and third-party election groups from accepting cryptocurrency, money orders, and prepaid cards as political donations, citing concerns over these payment methods.
Canada Proposes Ban on Crypto Political Donations
Canada’s federal government introduced legislation Thursday that would bar political parties and third-party election groups from accepting crypto, money orders, and prepaid cards as political donations. The bill, called the Strong and Free Elections Act, targets payment methods that officials say present security concerns for elections.