Hey kids! Did you know that Canada is becoming a big place for Bitcoin? Lots of people there are buying and using it. It's like digital money you can send online!
Bitcoin is treated like a special item, not like regular money, in Canada. There are rules about how to buy and use it safely, so people can't use it for bad things.
- Canadians can buy Bitcoin on special websites called exchanges.
- They can also use special machines like ATMs or special wallets to keep it safe.
- Canada has rules to make sure Bitcoin is used fairly.
- Canada taxes profits from Bitcoin, but only half of the profit is taxed.
Fact | Number |
---|---|
Percent of Canadians with crypto | 10% |
Predicted percent by 2028 | 32% |
Tax on Bitcoin profits | 50% |