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Introduction: Cryptocurrency-Trading Businesses in Canada Canadian cryptocurrency-trading businesses face unique challenges. The mostly unregulated cryptocurrency, non-fungible token (NFT), and blockchain markets brings higher risk of fraud and cyber-crime. The developments in blockchain technology bring about an ever-increasing range of opportunities, arrangements, and assets-smart contracts, cryptocurrency liquidity mining and yield farming, and non-fungible tokens (NFT), to name a few. And some cryptocurrency traders don t even realize that they re carrying on a business, thereby misreporting their profits as capital gains. This article is meant for cryptocurrency-savvy Canadians who seek to understand the tax advantages of operating their cryptocurrency-trading businesses through a corporation. This

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