Canada Bitcoin Reserves and Cryptocurrency Policies
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Canada Bitcoin Reserves and Cryptocurrency Policies

Canada leads in crypto adoption with robust ETF markets and progressive regulations, holding minimal Bitcoin from seizures, with talks of a strategic reserve emerging in 2025.

๐Ÿช™ Bitcoin Reserves

~20โ€“100 BTC from seizures
Valued at ~$2Mโ€“$10M (May 2025)

โš–๏ธ Regulatory Stance

Friendly
Progressive policies with strict AML/CFT compliance

๐Ÿ›๏ธ Government Activity

Liquidates seized BTC; approved multiple crypto ETFs
Exploring strategic Bitcoin reserve (2025)

Canada Cryptocurrency Profile

Country BTC Reserves % of Global Holdings Legal Status Last Updated Key Policies
Canada ~20โ€“100 BTC Estimated ~0.0005% Friendly 2025-05-20
  • CSA regulates crypto trading platforms (CTPs) as securities dealers; mandatory registration since 2020
  • FINTRAC enforces AML/CFT compliance for VASPs under PCMLTFA; Travel Rule implemented (2025)
  • 13 Bitcoin and Ethereum ETFs approved (e.g., Purpose Bitcoin ETF, C$2.6B AUM); tax-sheltered accounts supported
  • Capital gains tax: 50% of crypto gains taxed at personal income rate (15โ€“33%); business income taxed fully
  • Crypto not legal tender; only CAD accepted; Bitcoin ~30%, stablecoins ~50% in trading volume
  • ~30M Canadians (~75% of population) use crypto; $900M in crypto revenue projected (2025)
  • Talks of strategic Bitcoin reserve post-Trudeau resignation; no official policy yet (2025)
  • Vancouver passes Bitcoin-friendly motion to explore BTC payments and investments (Dec 2024)