Quoted from openparliament.ca
"It is a fairly well-known fact that the crypto king, the member for Carleton, is a big cryptocurrency fan. However, the problem is that it is a way to hide donating to potential candidates or to a political party, which is something that is incorporated in the legislation. It would ensure that there would be a higher sense of transparency and accountability with donations to candidates and political parties. I can appreciate that the crypto king, the member for Carleton, has some concerns regarding that, but I would hope that some of the Reform- Conservatives would see the merit of transparency and a higher sense of accountability in who is donating to political parties and candidates. The bill before us deals with things of that nature."