🇨🇦

Crypto Regulation in Quebec

Legal

AMF Quebec regulates crypto under provincial securities law. Cheap hydroelectric power attracted mining until 2018 moratorium on new crypto mining electricity contracts.

Region: North America

Tax Information

Capital Gains (Personal)
50% inclusion rate + provincial
Capital Gains (Corporate)
Combined ~26.5%
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
Autorité des marchés financiers (AMF)
Framework
Securities Act + CSA guidance
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000
Reviewed: 2026-03-01medium

Frequently Asked Questions

Is crypto legal in Quebec?
Cryptocurrency is currently classified as "Legal" in Quebec. AMF Quebec regulates crypto under provincial securities law. Cheap hydroelectric power attracted mining until 2018 moratorium on new crypto mining electricity contracts.
What is the crypto tax rate in Quebec?
In Quebec, the personal capital gains tax on crypto is 50% inclusion rate + provincial, and the corporate tax rate is Combined ~26.5%.
Do I need a crypto license in Quebec?
Yes, a crypto license is required in Quebec. The regulator is Autorité des marchés financiers (AMF) under Securities Act + CSA guidance. Estimated licensing cost: varies.
Is crypto mining legal in Quebec?
Yes, crypto mining is legal in Quebec. Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Quebec?
KYC requirements for crypto businesses in Quebec are not clearly defined.