Among other things, this means that virtual currency is not treated as currency that could generate foreign currency gain or loss. (coindesk.com)
That result crushed estimates at $ 0.83, though much of that gap was due to the one - time foreign currency gain. (fool.com)
Finally, note that the $ 200 annual tax exemption for foreign currency gains does not apply to digital currency transactions since the CRA doesn't consider these to be true currencies. (business.financialpost.com)