Learn how the Canada Revenue Agency (CRA) taxes crypto trades, staking, and NFTs in 2025, plus how to avoid common mistakes.
Intro
Canada’s CRA treats crypto differently than many traders think. Here’s how crypto is taxed in Canada in 2025 — and how to stay compliant.
CRA Classification of Crypto
- Crypto is treated as a commodity, not currency.
- Dispositions (selling, swapping, spending) can trigger tax.
- Capital gains tax applies if it’s an investment.
- Business income applies if trading is frequent/professional.
Key Tax Points
- 50% of capital gains are taxable.
- Staking, mining, airdrops = business income if regular/profit-seeking.
- NFTs often fall under capital gains, but creators may face business income tax.
CRA Enforcement Trends
- Data-sharing agreements with major exchanges.
- Crypto transactions flagged via banking deposits.
Final Thoughts
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