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Canadian Bitcoin Fund Granted Mutual Fund Trust Status

By Scott H. Kimpel & Christopher Adcock on September 14, 2018
Posted in Cryptocurrencies, Tax

Recently, Canadian investment firm First Block Capital Inc. reported that FBC Bitcoin Trust, which the firm bills as the “first and only open-ended bitcoin fund approved by Canadian regulators,” has achieved mutual fund trust status under Canada’s Federal Income Tax Act.
Continue Reading Canadian Bitcoin Fund Granted Mutual Fund Trust Status

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