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ARTICLE · 08 SEPTEMBER 2021

Cryptocurrencies And Digital Assets: Back To School Update On Recent Developments In Canada

McMillan LLP
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It may be hard to imagine a world without cryptocurrencies, yet Bitcoin was first launched only a little over a decade ago.

CanadaTechnology
Jennie Baek
Jennie Baek
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It may be hard to imagine a world without cryptocurrencies, yet Bitcoin was first launched only a little over a decade ago. Since then, blockchain, digital assets, cryptocurrencies, and related technologies have developed at explosive rates and continue to pervade more and more of our everyday life - from El Salvador becoming the first sovereign nation to adopt Bitcoin as legal tender - to the landmark sale in March, 2021 by Christie's auction house of an entirely digital artwork in a US$69 million transaction in Ether, a cryptocurrency.

As summer vacation comes to an end, this bulletin provides a "back to school" refresher on recent highlights and developments in Canada in this fast-paced and innovative industry.

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The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.

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