Policy Reference
Explore Canada’s crypto laws, including exchange registration, securities rules, taxes, AML compliance, and digital asset regulation.
Sponsored by Minister of Finance and National Revenue
Canada’s Stablecoin Act creates a federal framework for fiat-backed stablecoin issuers, with Bank of Canada registration, reserves, redemption, disclosure, AML/ATF and enforcement provisions. Enacted but not yet in force.
Sponsored by Minister of Finance and National Revenue
Bill C-31 would add Part XXI to Canada’s Income Tax Act to implement OECD CARF, requiring reporting crypto-asset service providers to collect user tax-residence data and report covered crypto transactions to the CRA.
Canadian staff guidance explaining when securities legislation may apply to crypto asset trading platforms, including where users receive contractual claims instead of immediate ownership, possession and control of the underlying crypto asset.
Canada’s federal AML/CFT statute establishes FINTRAC and imposes registration, reporting, identity-verification, recordkeeping, and risk-based compliance duties. It expressly covers domestic and qualifying foreign businesses dealing in virtual currencies.
Canada’s federal AML/CFT framework requires domestic and qualifying foreign businesses dealing in virtual currency to register with FINTRAC before operating and meet ongoing compliance, reporting, client-identification, recordkeeping and travel-rule duties.
Canada’s core AML/ATF regulations prescribe transaction reporting, recordkeeping, identity verification and compliance-program rules, including CAD 10,000 virtual-currency reporting and transfer-information requirements.
Canada’s RPAA creates a Bank of Canada registration and supervision regime for covered payment service providers, including operational-risk, incident-response, safeguarding and reporting duties.
CIRO’s 2026 guidance sets custody expectations for Canadian CTP Dealer Members, including approved custodians, tiered custody limits, internal custody controls and segregation.
Canadian securities regulators’ current staff guidance explains when token offerings—including utility tokens and SAFT structures—may involve securities, emphasizing the investment-contract test, economic reality, prospectus rules, resale limits, and dealer registration.
Canada’s SOR/2023-229 implements the RPAA through payment-service-provider registration, operational-risk and incident controls, end-user fund safeguarding, reporting, recordkeeping and administrative monetary penalties.
Information is for general purposes only and not legal advice. See full disclaimer.
