A bill aimed at prohibiting cryptocurrency political donations has passed its second reading in the Canadian House of Commons. According to CoinDesk, the bill, dubbed the 'Strong and Free Elections Act' (Bill C-25), targets major participants in federal elections, including political parties, candidates, and third-party (external) advertisers. It stipulates that illegal cryptocurrency donations must be returned within 30 days or remitted to the national tax agency. The bill passed with bipartisan support and has now been referred to a committee for further amendments and review, initiating the deliberation process.
