Valentino
Sun Jun 09 2024
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6 answers
1324
Are Bitcoin ATMs legal in Canada?｜It's important to note that , and the government does not consider it to be a currency. This means that there are no protections in place for consumers who use bitcoin ATMs. Additionally, there is a risk of fraud or theft when using these ATMs.bitcoin is not legal tender in Canada
Could you clarify the legality of Bitcoin ATMs in Canada? I've heard conflicting information, and it's crucial for me to understand the official stance. Given that the government doesn't recognize bitcoin as a currency, does this imply that using these ATMs lacks consumer protections? Furthermore, are there specific fraud or theft risks associated with utilizing these machines? It would be helpful to have a concise explanation on the legalities surrounding Bitcoin ATMs in Canada, as well as any potential hazards involved.
