Who sets the rules for digital assets near you
Reports of fraud usually go to a different office from questions about tax. A consumer protection body, a financial regulator, a police fraud unit and a bank may each play a part, depending on where you live and what happened.
The articles that cover scams explain, in general terms, which kinds of office take reports. They cannot trace funds or act for you. For a specific incident, contact your bank and the official reporting service in your country as soon as you can.
In Canada, securities regulation sits with the provinces and territories. In Alberta, the securities regulator is the Alberta Securities Commission (ASC); its website is the place to look for investor information and warnings. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) supervises anti-money-laundering rules for money services businesses, including those that deal in virtual currency, and the Canada Revenue Agency (CRA) publishes tax guidance for crypto-assets. The Canadian Anti-Fraud Centre (CAFC) takes fraud reports.
- Financial and securities regulators oversee firms and offerings
- Tax authorities publish guidance on reporting digital assets
- Consumer bodies take reports of scams and unfair practices
- Canada in detail: the Alberta Securities Commission (ASC) (Alberta), FINTRAC, the CRA and the Canadian Anti-Fraud Centre
Topics from ledgers to taxes, in plain language
Each guide offers ideas to follow up and questions for a professional. Everything published here is general education and does not replace a review by a financial adviser, a tax professional or your financial regulator.