With the legal status of bitcoin, there are no problems in Canada. This country is also open to bitcoin-transactions. The Canadian tax agency treats it as a valuable asset (income derived from transactions is treated as income from business activities). Taxes can fluctuate, depending on how bitcoin is used: for purchase-sale or as an investment. Therefore, the same rules of the law on combating money laundering apply to the exchange as well as to the business that provides cash and settlement services. .