Cryptocurrency is a type of digital currency or payment that may be used to buy and sell goods and services on various online platforms. To work, cryptocurrencies rely on a sort of technology known as a blockchain- a form of a highly secure database that records and maintains transactions. For income tax purposes, cryptocurrency is considered a capital asset, which means it is treated the same as any other gain on the sale of a capital asset (Canada Revenue Agency, 2019). To calculate capital gain on cryptocurrency, simply subtract the selling price of your cryptocurrency...