top of page

Blockchain & Crypto Accounting Services

Navigating Digital Finance: Expert Solutions for Personal and Corporate Clients in Canada and the US


Why Crypto Accounting is Essential

In Canada, cryptocurrency is treated as a commodity for tax purposes. Taxable events include:

  • Using cryptocurrency for goods and services.

  • Selling crypto assets.

  • Trading or exchanging cryptocurrencies.

  • Converting cryptocurrencies to fiat currency.

  • Gifting crypto assets.

  • It's vital to understand these taxable events and remain compliant with the Canada Revenue Agency's (CRA) guidelines.

Crypto Mining Accounting Services

We provide specialized services for crypto mining, including tracking business expenses and mining revenue. Our expertise covers both personal and business mining operations of any scale. We advise on opportunities in decentralized finance and ensure your crypto transactions are accurately tracked for tax reporting.

Understanding Cryptocurrency

Cryptocurrency is digital money based on blockchain technology. It functions on a decentralized network using distributed ledger technology. Each transaction is recorded in "blocks" on a "chain", ensuring transparency and security.

CRA's Tracking Capabilities

The CRA can track crypto investments. Trading platforms must register with the CRA and are obliged to report transactions over certain thresholds. This makes accurate and detailed accounting essential for compliance.


Tailored Solutions for Your Needs

Whether you're a small startup in the blockchain space or a large corporation dealing with Web3 technologies, we tailor our crypto accounting services to meet your specific requirements, ensuring compliance, efficiency, and financial success in the evolving world of digital finance.


Tailored Accounting for Your Unique Business

At MyBookly, Our team of accountants specialize in industry-focused accounting. Our accounting team understands your business landscape, ensuring precise and strategic financial solutions.

Strategic Support for Every Business Phase

At MyBookly, we're more than accountants; we're your growth partners. We craft bespoke strategies tailored to your unique goals, ensuring your business thrives with clarity and purpose.

Unified Solutions for Modern Businesses

At MyBookly, we seamlessly integrate a suite of top-tier software tools tailored to your business needs. From bookkeeping to inventory management, we ensure your operations run smoothly with the best digital solutions.

Complete Care for Your Business

MyBookly offers a comprehensive suite of services tailored to your business. From meticulous bookkeeping to expert legal advice, we're your all-encompassing partner, ensuring your business thrives and endures.

Your Finances, Our Expertise

At MyBookly, we handle your bookkeeping from start to finish. Leave the financial paperwork to us, and focus on what you do best. With our team, you're assured of accurate and hassle-free financial records.

Company accounts


Home (55).png

Ready to Assist You!

Your Financial Success, Our Ultimate Goal

MyBookly is more than just an accounting firm; we're your dedicated financial partners. Our team of experts is committed to guiding you through every financial challenge and opportunity. From our initial interaction to the final deliverable, our focus is on clear communication, transparency, and providing top-notch solutions tailored to your needs. With MyBookly, you're not just getting an accountant; you're gaining a trusted ally in your journey to financial success.

bottom of page