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Coinbase support in canada | coinbase. Canada allows the use, buying, and selling of cryptocurrencies like bitcoin. Only the canadian dollar is considered official currency in canada. Cryptocurrencies are legal in canada, but crypto not treated as money legally, but as a commodity and the use of cryptocurrency to buy goods is treated as a barter transaction. Canada's tax laws and rules, including the income tax act, also apply to you may also buy and sell digital currency on open exchanges, called digital currency or cryptocurrency exchanges.2 however, cryptocurrencies are.
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Canada's tax laws and rules, including the income tax act, also apply to cryptocurrency.
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It is legal to buy, sell, and spend bitcoin in canada.
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