Canada plans to ban cryptocurrency political donations entirely

Deep Tides TechFlow message, March 29, according to CoinDesk, the Canadian government on March 26 introduced the “Elections Act” (Bill C-25), which would ban political donations to political parties and candidates in the form of cryptocurrencies, money orders, and prepaid cards. The reason is that such assets have pseudo-anonymity, making it difficult to verify the identity of the donor, and there is a risk to election integrity. The bill is currently in its first reading stage in the House of Commons. Earlier, the UK had also announced a pause in accepting cryptocurrency political donations.