Canada dey push Bill C-25 to ban crypto political donations

Canada dey move to ban crypto political donations under Bill C-25, di “Strong and Free Elections Act.” Di bill pass second reading for House of Commons on Apr 27, 2026 and now e dey go committee review, where dem fit still change am and no final date set yet. If e become law, di ban go stop parties and candidates from accepting cryptocurrency donations. Lawmakers talk say e go close perceived gaps for Canada election-finance rules and e fit with wider election-law overhaul wey focus on transparency, stronger enforcement, and reducing risks like foreign interference. Di move dey come alongside tighter digital-asset regulation. Canada still dey push stablecoin frameworks and dey refine rules for crypto investment funds, custodians, and cold storage, with policy leadership under PM Mark Carney even though he bin dey skeptical about crypto before. For traders, this one mainly na compliance and election-finance headline rather than big market crackdown. Still, e fit add small bearish sentiment for Canadian crypto adoption—especially around stablecoin and custody infrastructure—but direct price impact likely small because crypto don use small for Canadian elections historically.