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When it comes to purchasing cryptocurrency like bitcoin, it's best to use an exchange. Bitcoin is completely legal in canada. According to section 8 of the currency act, legal tender is coins issued by the royal canadian mint in canada, securities laws are enacted on a provincial and territorial basis rather than federally. With the increase in the value of bitcoin in canada, several institutions have taken up bitcoin. How do i start trading bitcoins?
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Legal expert matthew burgoyne reveals how the canadian federal law applies to businesses operating in the bitcoin space in canada.
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Is bitcoin trading legal in canada?
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