More than two-in-five (44%) have an unfavourable view of Bitcoin and other cryptocurrencies.
Vancouver, BC [June 4, 2026] – Almost half of Canadians tie the use of Bitcoin and other cryptocurrencies to money laundering, and a majority agree with the federal government’s recent proposal to ban Crypto ATMs, a new Research Co. poll has found.
In the online survey of a representative national sample, just over two-in-five Canadians (41%) say they are “very informed” or “moderately informed” about Bitcoin and other cryptocurrencies—a proportion that rises to 54% among those aged 18-to-34.
Just over a third of Canadians (34%) have a favourable view of Bitcoin and other cryptocurrencies, while 44% hold an unfavourable view and 21% are not sure.
Positive perceptions of Bitcoin and other cryptocurrencies are highest among men (46%), Canadians aged 18-to-34 (52%) and Quebecers (42%).
Almost half of Canadians (49%) say Bitcoin and other cryptocurrencies are being used to launder money in their province, while more than a third (37%) think the use of Bitcoin and other cryptocurrencies has led to more street-level crime in their province.
Majorities of British Columbians (58%) and Ontarians (55%) establish a connection between cryptocurrencies and money laundering. The proportions are lower in Alberta (48%), Quebec (47%), Saskatchewan and Manitoba (46%) and Atlantic Canada (31%).
Crypto ATMs allow customers to deposit cash and then convert it into Bitcoin and other cryptocurrencies. The federal government is contemplating a ban on Crypto ATMs, which are currently not regulated in Canada.
More than half of Canadians (56%) support banning Crypto ATMs in Canada, while 26% are opposed and 18% are not sure.
“The proposed ban on Crypto ATMs across Canada is backed by 62% of Canadians aged 55 and over,” says Mario Canseco, President of Research Co. “Majorities of Canadians aged 35-to-54 (52%) and aged 18-to-34 (52%) are also in favour of the proposed prohibition.”
Support for banning Crypto ATMs in Canada is highest among Canadians who voted for the Liberal Party in the last federal election (64%), Majorities of those who cast ballots for the New Democratic Party (NDP) (58%) or the Conservative Party (53%) in 2025 are also in favour of the prohibition.
Methodology: Results are based on an online survey conducted from May 12 to May 14, 2026, among a representative sample of 1,002 adults in Canada. The data has been statistically weighted according to Canadian census figures for age, gender and region in Canada. The margin of error—which measures sample variability—is +/- 3.1 percentage points, nineteen times out of twenty.
Find our data tables here and download the press release here.
For more information on this poll, please contact:
Mario Canseco, President, Research Co.
778.929.0490
[e] mario.canseco@researchco.ca