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Tag Archives: CRA Audits

Canadian Accounting Firms

Audit Risks for IDO Participants in Canada

Introduction With the rapid growth of decentralized finance (DeFi) and the increasing popularity of Initial DEX Offerings (IDOs), the Canada Revenue Agency (CRA) has intensified its scrutiny of cryptocurrency transactions. IDO participants, particularly those involved in frequent trading or large-scale investments, are at a heightened risk of audits due to the complexity and volume of […]