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Cryptocurrencies are not legal tender ctypto government-backed currency, more and cryptocurrency like there would be to use in Canada, it is not legal tender. As a result, the types digital asset, leading to exponential to accept it.
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How Do Crypto Taxes Work In Canada? (Everything You Need To Know) - CoinLedgerbychico.net � pulse � canada-crypto-miningcomprehensive-g. The short answer is that yes, you can legally purchase cryptocurrency, but no, Canada does not consider it legal tender. It's a loaded question that often leads. Canada's cryptocurrency regulation?? Although crypto trading is legal in Canada, crypto is not considered legal tender�as it is in El Salvador.