{"id":95698,"date":"2026-03-29T10:08:08","date_gmt":"2026-03-29T07:08:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=95698"},"modified":"2026-03-29T10:10:12","modified_gmt":"2026-03-29T07:10:12","slug":"canada-considers-ban-on-political-cryptocurrency-donations","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/canada-considers-ban-on-political-cryptocurrency-donations\/","title":{"rendered":"Canada Considers Ban on Political Cryptocurrency Donations"},"content":{"rendered":"<p>The Canadian Parliament is reviewing Bill <a href=\"https:\/\/www.parl.ca\/Content\/Bills\/451\/Government\/C-25\/C-25_1\/C-25_1.PDF\">C-25<\/a>, which aims to prohibit political donations in cryptocurrencies.<\/p>\n<p>The restrictions apply to the entire political system of the country, encompassing registered parties, electoral associations, candidates, and third parties engaged in election advertising.<\/p>\n<p>The &#8220;Strong and Free Elections Act&#8221; cites concerns that the pseudo-anonymity of cryptocurrency poses transparency issues, and identifying participants is &#8220;fundamentally challenging.&#8221;<\/p>\n<p>The provisions include a fine amounting to twice the value of the improper contribution.<\/p>\n<p>C-25 marks the second attempt to ban cryptocurrency donations. Its predecessor, Bill C-65, <a href=\"https:\/\/www.elections.ca\/content.aspx?section=abo&#038;dir=comp\/nov2124&#038;document=p8&#038;lang=e\">contained identical provisions<\/a>, but the document was rejected following the dissolution of parliament in January 2025.<\/p>\n<p>The new version is currently at the first reading stage in the House of Commons.<\/p>\n<h2 class=\"wp-block-heading\">From Regulation to Prohibition<\/h2>\n<p>In Canada, cryptocurrency donations have been <a href=\"https:\/\/www.elections.ca\/res\/gui\/app\/2018-10\/2018-10_e.pdf\">permitted<\/a> since 2019 under an administrative system that classifies them as non-monetary contributions, similar to property. However, no major federal party publicly accepted cryptocurrency during the 2021 and 2025 elections.<\/p>\n<p>Moreover, such contributions could not be considered for tax credit calculations, and contributors of more than $200 had to be publicly identified.<\/p>\n<p>Over time, Canada&#8217;s Chief Electoral Officer, St\u00e9phane Perrault, adopted a &#8220;prohibitive&#8221; stance. After the elections in June 2022, he <a href=\"https:\/\/www.elections.ca\/content.aspx?section=res&#038;dir=rep\/off\/rec_2022&#038;document=p11&#038;lang=e\">recommended<\/a> tightening the rules regarding cryptocurrency donations.<\/p>\n<p>In November 2024, Perrault <a href=\"https:\/\/www.elections.ca\/content.aspx?section=res&#038;dir=rep\/oth\/prthr\/rpt&#038;document=p4&#038;lang=e\">proposed<\/a> a complete ban on crypto contributions due to identification issues.<\/p>\n<p>In March 2026, the UK government <a href=\"https:\/\/forklog.com\/en\/news\/uk-imposes-restrictions-on-cryptocurrency-political-donations\">enacted<\/a> urgent legislative changes to restrict political donations in cryptocurrency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian Parliament is reviewing Bill C-25, which aims to prohibit political donations in cryptocurrencies.<\/p>\n","protected":false},"author":1,"featured_media":95699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Canada reviews Bill C-25 to ban political cryptocurrency donations.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[771,36],"class_list":["post-95698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-canada","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"49","promo_type":"1","layout_type":"1","short_excerpt":"Canada reviews Bill C-25 to ban political cryptocurrency donations.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=95698"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95698\/revisions"}],"predecessor-version":[{"id":95700,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/95698\/revisions\/95700"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/95699"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=95698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=95698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=95698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}