Canada Proposes to Ban Cryptocurrency for Political Donations

Odaily Planet Daily News The Canadian House of Commons has passed the second reading of Bill C-25, which proposes to ban political parties and candidates from accepting cryptocurrency political donations. Introduced on March 26 as part of electoral law reforms, the bill aims to enhance transparency, strengthen enforcement, and reduce the risk of foreign interference. It will proceed to committee review and may still be subject to amendments. No fixed review date has been set yet.

Meanwhile, Canada is advancing a regulatory framework for stablecoins and refining rules related to crypto investment funds, custody, and cold storage. (Cointelegraph)