Is it illegal to buy cryptocurrency in Canada?｜Despite its use for buying goods and services, there are still no uniform international laws that regulate Bitcoin. Many developed countries allow Bitcoin to be used, such as the U.S., Canada, and the U.K. Several countries, including China and Saudi Arabia, have made it illegal to use Bitcoin.

Is it permissible to purchase cryptocurrency in Canada? Given that Bitcoin can be utilized for purchasing goods and services, it remains intriguing that there aren't standardized global regulations governing it. Numerous developed nations, such as the United States, Canada, and the United Kingdom, sanction the use of Bitcoin. However, some countries, including China and Saudi Arabia, have outlawed its usage. Given this context, does Canada consider the acquisition of cryptocurrency to be lawful? Could you clarify this point for me?