Is Cryptocurrency Mining Legal In Canada / Regulation Of Cryptocurrency Around The World / Cryptocurrencies are not treated as legal tender in canada.. The canadian government has classified cryptocurrencies as commodities, meaning that while you can purchase, trade, mine, or interact with cryptocurrency, it is not eligible to be a registered investment and transactions fall under the. This is more of a legal perspective based on. Cryptocurrency is a digital representation of value that is not legal tender. Cryptocurrency is basically a digital representation of value that is not legal tender. Which crypto transactions are taxable in canada?
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