Canada is tightening crypto oversight through parallel measures targeting political finance and retail access. Canada’s House of Commons advanced Bill C-25, the Strong and Free Elections Act, by passing second reading and sending it to committee review; the bill would prohibit cryptocurrency donations in federal elections. Earlier reporting said illegal crypto donations would need to be returned within 30 days or, if that is not possible, forfeited to the federal treasury. Separately, according to CBC News, the Liberal government plans a nationwide ban on nearly 4,000 crypto ATMs, citing scam activity, fraud losses, cash laundering, and illicit transfers. Together, the steps point to a broader regulatory push that also includes rules involving stablecoins, crypto funds, custody, and cold storage.