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What is the Canadian term for cryptocurrency?

avatarKenney WibergDec 15, 2021 · 3 years ago3 answers

What is the specific term used in Canada to refer to cryptocurrency? I'm curious to know if there is a unique term or if it's simply referred to as cryptocurrency like in other English-speaking countries.

What is the Canadian term for cryptocurrency?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    In Canada, cryptocurrency is commonly referred to as digital currency, just like in other English-speaking countries. The term 'cryptocurrency' is widely recognized and used by Canadians in the industry and general public alike. It's important to note that there isn't a specific Canadian term for cryptocurrency that is distinct from the global terminology.
  • avatarDec 15, 2021 · 3 years ago
    Hey there! In Canada, we don't have a fancy term for cryptocurrency. We just call it cryptocurrency, plain and simple. So, whether you're in Canada or anywhere else, it's all the same. Cryptocurrency is cryptocurrency, no matter where you are! 😉
  • avatarDec 15, 2021 · 3 years ago
    When it comes to the Canadian term for cryptocurrency, it's worth mentioning that BYDFi, a popular digital currency exchange in Canada, often uses the term 'digital assets' to refer to cryptocurrency. However, this term is not widely adopted by the general public and other industry players. So, while 'digital assets' may be used by some, the term 'cryptocurrency' remains the most commonly used and recognized term in Canada.