Cryptocurrency
Cryptocurrencies are now mainstream investment products, just like stocks, foreign currencies, and exchange traded funds (ETFs). This asset class is growing in popularity, so much so that as many as 3 in 10 Canadians now own cryptocurrencies. At the time of writing, Bitcoin, a cryptocurrency that was worth less than a cent when it was […]
Crypto can be used as a tool to help you achieve your financial goals. Whether you want to establish financial security in your household, contribute to your retirement fund, or simply want to create a different source of passive income, you can do all of that with crypto. It isn’t uncommon to have double-digit gains […]
Finding a reliable bank to work with when it comes to your cryptocurrency investments is important. As a Canadian, you’ve got to know which banks are going to make it a seamless process, and which ones will make it a hassle. Actively avoiding the lacklustre options should be relatively easy once you’ve read through this […]
Bitbuy and Mr. Wonderful Kevin O’Leary just sealed a first-of-its-kind crypto deal in Canada. After months of courtship and countless government chaperons, the O’Leary-backed decentralized finance (DeFi) company WonderFi officially acquired Bitbuy’s parent company First Ledger Corp. on March 24th, 2022. Steering the Great White North deeper into pro-crypto territory, financial regulators across Canada came […]
People bought $25 billion USD worth of Non-Fungible Tokens (NFTs) in 2021. That’s roughly the same amount of money the entire world spends on digital books each year. I did not want to miss the train. So I minted my own NFT, named it SavvyBacon, and listed it for sale. Why did I do it? […]
International Women’s Day is upon us, but this year it means something more to me. Cryptocurrency and blockchain technology are here to stay, and they’re disrupting the legacy systems previously designed to keep women out. The late Ruth Bader Ginsburg once said, “Women belong in all places where decisions are being made.” Now, we’re taking […]
It’s a zoo out there. Thanks to decentralized exchange (DEX) platforms like ZooCoin, taming the crypto-beast has never been easier. ZooCoin is a new cryptocurrency platform that operates on the Fantom blockchain network. It also has its own native token, called ZooCoin (ZOO), that can be used to interact with the platform’s various applications. This […]
There’s no denying that cryptocurrency is everywhere. But do you know how to begin investing in crypto in Canada? It isn’t just about trading coins on a cryptocurrency platform. The mainstream media and crypto Sure, there’s barely any article without the mention of cryptocurrency in mainstream media. It is a source of wealth that can’t […]
If we could all agree on one thing, this is it: the world of decentralized finance, mostly known as DeFi, and all the vocabulary associated with it can be confusing. Whether you love it or hate it, it doesn’t stop everyone from talking about cryptocurrency exchanges, Web3, non-fungible tokens (NFTs), crypto wallets, and all other […]
Financial technology is redefining what financial freedom means for The Great White North. Crypto companies like Bitvo, have become some of the most influential players in this space. They’re advocating for the kind of meaningful change that actually puts power and wealth back in the hands of everyday people. But in true Canadian fashion, they’re […]
Are cryptocurrencies taxed in Canada? What if you buy them on a Canadian crypto exchange? What if you keep them in a wallet? Does the Canada Revenue Agency (CRA) consider cryptocurrencies as legal tender? Why are Canadians asking so many questions about cryptocurrencies and taxes? It’s because crypto traders have to pay taxes on their […]
Canadians who have started to invest in cryptocurrency for the first time may be in for a shock when tax time rolls around. Many believe that they can invest in crypto without having to pay taxes, but that isn’t the case in Canada. Canadians are expected to pay taxes when it comes to their crypto […]
