Chiara
Mon May 13 2024
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5 answers
1253
Is Bitcoin considered money in Canada?
Could you please clarify for me whether Bitcoin is officially recognized as a form of money in Canada? I've heard different opinions on this matter and am curious to know what the official stance is. Does the Canadian government consider it a legal tender? Or does it only exist in the realm of digital currencies and isn't recognized as a traditional means of payment? I'm also interested in understanding how Bitcoin is taxed in Canada, if it's treated differently from other types of investments or currencies. Could you provide some insight into these questions? Thank you for your assistance.
