Cryptocurrency license in Canada

Even though cryptocurrencies are not legal tender in Canada, the country’s central bank experiments with token-based digital currencies. And it is possible that in the near future token-based digital currencies will be launched. As a result, many business owners have already started thinking about obtaining a cryptocurrency license in Canada.


  1. According to the Financial Consumer Agency of Canada “goods bought utilizing crypto currency must be incorporated into the dealer’s income for tax purposes;
  2. As issuers of securities in Canada must conform to the necessities of protections enactment, which incorporates filing comprehensive exposure reports with protections controllers;
  3. Conform to revealing and record-keeping necessities;
  4. And others.
  • TIME:

    Depends on many factors

  • FEE:

    The total price will be provided after the application