Gate News message, April 27 — Canada’s “Strong Free Elections Act” (Bill C-25) passed a principle vote in the House of Commons and was referred to committee for detailed review. The bill, which received cross-party support with minimal substantive opposition, proposes to prohibit donations in cryptocurrency to federal political campaigns. Violators must return or forfeit non-compliant donations to the treasury within 30 days.
Canada has technically allowed crypto donations since 2019, though no major political party has publicly accepted them. The legislation aims to close this loophole and establish a uniform standard for campaign financing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Japan's Four Regulators Warn Crypto Poses Money Laundering Risk in Real Estate Transactions
Gate News message, April 29 — Japan's Ministry of Land, Infrastructure, Transport and Tourism, Financial Services Agency, National Police Agency, and Ministry of Finance jointly issued a guidance notice on April 28 warning that cryptocurrencies pose a heightened money laundering risk when used in re
GateNews1h ago
CFTC Sues Wisconsin Governor Over Prediction Market Oversight
The Commodity Futures Trading Commission filed a lawsuit on Tuesday against Wisconsin Democratic Governor Tony Evers, Attorney General Joshua Kaul, and John Dillett, administrator of the Wisconsin Department of Administration Division of Gaming, in the U.S. District Court for the Eastern District of
CryptoFrontier1h ago
Clarity Act Has '50-50 Shot' of Passing Congress, Says Dennis Porter
The U.S. crypto legislation known as the Clarity Act faces uncertain prospects in Congress, with a "50-50 shot" of passage as lawmakers negotiate disputes over ethics rules, crypto rewards, and regulatory oversight ahead of the 2026 midterm elections, according to Satoshi Action Fund CEO Dennis
CryptoFrontier2h ago
House Republicans Pivot to FISA Bill to Push Permanent CBDC Ban After Housing Bill Stalls
Gate News message, April 29 — After the housing bill stalled, House Republicans are turning to the Foreign Intelligence Surveillance Act (FISA) as a potential legislative vehicle to push a permanent ban on central bank digital currencies (CBDCs), according to crypto journalist Eleanor
GateNews2h ago
CertiK report: $900 million in AML fines; SEC crypto enforcement down 97% year over year
According to a report published by blockchain security audit firm CertiK on April 28, anti-money laundering (AML) enforcement has replaced securities violation findings and become the top regulatory threat facing crypto companies. The report shows that the U.S. Department of Justice and the Financial Crimes Enforcement Network (FinCEN) issued a total of $900 million in AML-related fines in the first half of 2025; in the same period, the U.S. Securities and Exchange Commission (SEC) saw crypto-asset penalties fall 97% year over year.
MarketWhisper3h ago
Stand With Crypto launches a petition, urging the U.S. Senate to move forward with the “CLARITY Act” for review
According to a statement published on April 28 on its official website by “Stand With Crypto,” the cryptocurrency advocacy group is calling on the Senate Banking Committee to schedule a hearing for the “CLARITY Act,” and is simultaneously launching a public petition. As of the time the statement was released, the petition has accumulated 15,924 signatures, with a goal of 20,000.
MarketWhisper4h ago