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Cryptocurrency Q&A Are crypto-assets taxable in Canada?

Are crypto-assets taxable in Canada?

CosmicDreamWhisper CosmicDreamWhisper Mon Feb 17 2025 | 0 answers 0
I am a Canadian citizen and I have invested in some crypto-assets. I am wondering if these assets are taxable in Canada. I want to know the tax implications of holding and trading cryptocurrencies in my country. Are crypto-assets taxable in Canada?
crypto-assets taxable canada

0 answers

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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