Segz Posted January 4, 2022 Report Share Posted January 4, 2022 The rules regarding declaring monies/rewards received from staking (proof of stake) cryptocurrencies doesn't seem clear to me. The following CRA guide only refers to mining which is the process of owning/using/managing specialized computers to solve complicated mathematical problems https://www.canada.ca/en/revenue-agency/programs/about-canada-revenue-agency-cra/compliance/digital-currency/cryptocurrency-guide.html Staking has staking pool operators (similar to mining, requiring computers aiding in transaction validation). However, I'm referring to investors that provide (delegate) their cryptocurrencies to these staking pool operators; increasing their chances of producing blocks and ultimately the staking rewards shared amongst the various delegators. How would an investors staking rewards received from a staking pool operator be taxed? Quote Link to comment Share on other sites More sharing options...
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