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Hosted Bitcoin mining is becoming an increasingly popular way for people to invest in the digital currency without having to purchase expensive equipment. However, before taking the plunge into this new industry it’s important to understand both its legal and financial implications. This blog will explore the various considerations that must be taken into account […]
During the past few years, there have been several major changes that have taken place in the financial world and one of the biggest has been the development of cryptocurrency. Also called digital currency, this has been led by Bitcoin. What makes Bitcoin unique is that this currency operates using a distributed, decentralized network. Now […]
Bitcoin mining is all the rage right now and the future looks very bright for it. What exactly is bitcoin and what does a cryptocurrency miner do? Why are Canadian mining firms poised to capitalize on this trend? These questions and more will be answered in this article. Why is Canada Considered the Crypto Mining Hub? […]
As a Canadian, if you’ve ever considered buying Bitcoin, you’ve probably asked yourself, “Is this legal?” Yes, it is legal to buy bitcoins and many other cryptocurrencies in Canada. This is still subject to the AML and other relevant regulations. However, cryptocurrencies are not considered to be legal tender in Canada. Canada’s tax laws and […]
