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Tag: canada

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Canada to begin implementing international crypto tax reporting standard

Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries. According to a supplement to the 2024 annual budget, Canada expects to apply the international Crypto-Asset Reporting Framework (CARF) for taxation by 2026. The country is getting an early start on the…
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dYdX leaves Canada on April 14 because of legal issues

dYdX Quits Canada On April 14 Due To Legal Difficulties Key Points: dYdX has reported that it will pull out from the Canadian market and that exchanging support for existing clients will end on April 14. However, users will still be able to access the protocol’s funds at any time. Beginning on April 7, new…
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