Crypto assets are illegal if you try to dodge taxes. Or, as a trading institution, pretend that you have no duty to follow tax laws on reporting client transactions. They're no different than equities if you follow all the laws.
This all seems weird to me in Canada. Here, it's been acknowledged for years that crypto = equities.
That's more true for bitcoin than for some other projects, but even bitcoin has the Lightning Network which they're attempting to use for payments using BTC.
This all seems weird to me in Canada. Here, it's been acknowledged for years that crypto = equities.
Fraud is illegal either way though.