{"id":7936,"date":"2026-03-30T07:29:50","date_gmt":"2026-03-30T07:29:50","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7936"},"modified":"2026-03-30T07:29:50","modified_gmt":"2026-03-30T07:29:50","slug":"canada-moves-to-ban-crypto-donations-in-politics-amid-transparency-concerns","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7936","title":{"rendered":"Canada Moves to Ban Crypto Donations in Politics Amid Transparency Concerns"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_296d02b7fc77eea4981837922253361e\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Canada\u2019s Bill C-25, introduced March 26, 2026, bans cryptocurrency as a political donation across all registered parties, candidates, and third parties engaged in election advertising.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Violators face penalties of up to twice the illegal contribution\u2019s value, with individual fines reaching CA$25,000 and corporate fines up to CA$100,000, plus a 30-day window to return or destroy banned contributions.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The bill revives identical provisions from Bill C-65, which collapsed in January 2025, and follows the United Kingdom\u2019s similar ban on crypto political donations.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Canada\u2019s Liberal government has revived a plan to remove cryptocurrency from federal political fundraising, introducing Bill C-25 on March 26 to ban digital assets, prepaid cards and money orders as political donations.<\/p>\n<p>The proposal would reverse a framework in place since 2019, when Canada began allowing some crypto contributions as non-monetary donations.\u00a0<\/p>\n<p>That system was already narrow. Only assets on public blockchains were permitted, which meant privacy-focused coins such as Monero and Zcash were excluded from the start.\u00a0<\/p>\n<p>Donors giving more than CA$200 still had to be identified, yet crypto never became a meaningful funding source in federal politics. No major party publicly reported a single crypto donation during either the 2021 or 2025 election.<\/p>\n<p>The government\u2019s case for a ban rests on traceability and election security rather than evidence of heavy use.\u00a0<\/p>\n<p>Chief Electoral Officer St\u00e9phane Perrault had first argued for tighter controls, but by 2024 shifted to supporting a full prohibition. His position was that cryptocurrency\u2019s pseudo-anonymous design made it too difficult to confirm who was really behind a contribution, leaving a potential opening for foreign interference.<\/p>\n<p><strong>Related: Ripple Tests Stablecoin Trade Finance in Monetary Authority of Singapore Sandbox<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-scope-of-the-new-restrictions\">Scope of the New Restrictions<\/h2>\n<p>Registered parties, local riding associations, candidates, leadership contestants, nomination contestants and third parties involved in election advertising would all be barred from accepting cryptocurrency.\u00a0<\/p>\n<p>If a prohibited contribution is received, the recipient would have 30 days to return it, destroy it, or convert it and send the proceeds to the Receiver General. Penalties are steep: up to twice the value of the illegal donation, with fines reaching CA$25,000 for individuals and CA$100,000 for corporations.<\/p>\n<p>The bill also includes provisions dealing with foreign interference, bribery, AI-generated deepfakes, long-ballot protest tactics and stronger investigative powers for the Commissioner of Canada Elections, including authority that extends across borders.<\/p>\n<p>Parliament had already passed the same crypto-donation ban through Bill C-65, but that legislation died when Parliament was prorogued in January 2025 after Justin Trudeau announced his resignation.\u00a0<\/p>\n<p><strong>Read more: Mastercard Bets Big on Stablecoins to Bridge Crypto and Traditional Payments<\/strong><\/p>\n<\/p><\/div>\n<p>Canada,Cryptocurrency,Politics#Canada #Moves #Ban #Crypto #Donations #Politics #Transparency #Concerns1774855790<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canada\u2019s Bill C-25, introduced March 26, 2026, bans cryptocurrency as a political donation across all registered parties, candidates, and third parties engaged in election advertising. Violators face penalties of up to twice the illegal contribution\u2019s value, with individual fines reaching CA$25,000 and corporate fines up to CA$100,000, plus a 30-day window to return or destroy<\/p>\n","protected":false},"author":1,"featured_media":7937,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[762,1592,1977,62,1119,761,1120,1087],"class_list":{"0":"post-7936","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-ban","9":"tag-canada","10":"tag-concerns","11":"tag-crypto","12":"tag-donations","13":"tag-moves","14":"tag-politics","15":"tag-transparency"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canada Moves to Ban Crypto Donations in Politics Amid Transparency Concerns - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7936\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada Moves to Ban Crypto Donations in Politics Amid Transparency Concerns\" \/>\n<meta property=\"og:description\" content=\"Canada\u2019s Bill C-25, introduced March 26, 2026, bans cryptocurrency as a political donation across all registered parties, candidates, and third parties engaged in election advertising. 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