Written by Aaron Wood, Staff WriterReviewed by Ailsa Sherrington, Staff EditorCanada’s bid to ban crypto donations highlights transparency issue2 hours agoA new bill in Canada would ban crypto donations to political parties, a move which election overseers have supported in past recommendations to Parliament. Listen0: 00 Cointelegraph in your social feed A new bill in Canada, if passed, would ban political parties and other third parties in elections from accepting cryptocurrency donations in a bid to prevent election interference. The Strong and Free Elections Act would also ban contributions made by money orders and prepaid cards, citing these methods as difficult to track. The bill notes the potential for foreign actors to influence elections through difficult-to-trace digital payment methods, ensuring Canadian elections “remain free, fair and secure at all times, ” according to Government House Leader Steven MacKinnon. Moreover, as the office of the Commissioner of Canada Elections told Cointelegraph, “The rapid and ongoing change in digital payments creates significant challenges and risks for law enforcement, including for our office. ”Crypto creates problems for election transparency, gov’t officials sayThe rules for political financing in Canada are complex. Two offices, the Commissioner of Canada Elections and Elections Canada, play “distinct but complementary” roles under the Canada Elections Act’s (CEA). The bill banning crypto political donations would make changes to this Act. Elections Canada, led by Chief Electoral Officer Stéphane Perrault, is responsible for conducting federal elections and administering the political financing regime. The Commissioner of Canada Elections, currently Caroline J.
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