AMF Quebec regulates crypto under provincial securities law. Cheap hydroelectric power attracted mining until 2018 moratorium on new crypto mining electricity contracts.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | north america |
| Currency | CAD |
| Capital Gains (Personal) | 50% inclusion rate + provincial |
| Capital Gains (Corporate) | Combined ~26.5% |
| VAT on Crypto | No |
| Staking Tax | CRA issued interpretation 2024-1031821I7 (January 17, 2025): staking rewards on centralized platforms are income at fair market value when credited; depositing/staking itself is not a disposition. Taxed as business/income at 100% inclusion, not capital gains. |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | Autorité des marchés financiers (AMF) [provincial securities] + FINTRAC [federal AML/MSB] |
| Framework | Quebec Securities Act (Loi sur les valeurs mobilières) + CSA Staff Notices (21-327, 21-332, 21-333) + PCMLTFA (federal MSB) + NI 31-103 (registration requirements) |
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No specific DeFi regulation
Status: framework_enacted
Bill C-15 (Budget Implementation Act 2025) received Royal Assent on March 26, 2026. Bank of Canada designated as stablecoin regulator. All fiat-backed stablecoin issuers (domestic and foreign serving Canadians) must maintain full reserves in high-quality liquid assets, guarantee par redemption, and comply with Bank of Canada supervision. Framework expected to come into force 2027 after 12-18 months of regulatory development. Non-fiat-backed stablecoins remain under provincial/territorial securities regulators (including AMF Quebec). CSA Staff Notice 21-333 sets interim terms for value-referenced crypto assets on registered platforms.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Infrastructure | good |
Quebec offers competitive electricity rates for mining with a significant renewable energy mix primarily from hydroelectric power. Infrastructure supports mining operations well.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 74/100 |
| Banking Access | open |
Risk Factors
Quebec is part of Canada — a G7 democracy, no international sanctions, strong rule of law, FATF founding member. Risk factors updated to reflect current regulatory developments.
AMF Quebec regulates crypto under provincial securities law. Cheap hydroelectric power attracted mining until 2018 moratorium on new crypto mining electricity contracts.
Quebec is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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