May 22, 2018

Cryptocurrency in Canada, Practical Law Canada

Allan Goodman and Michael Partridge recently authored the article "Cryptopcurrency in Canada", originally published as a practice note in Practical Law Canada, May 2018.

Excerpt:

Cryptocurrency is a type of digital asset that uses blockchain technology to record transactions and manage the issuance and transfer of the cryptocurrency in a decentralized manner that prevents fraudulent transactions.

Bitcoin, which was introduced in 2009, has become the most widely used and accepted cryptocurrency. Other widely used cryptocurrencies include Ethereum, Ripple, Bitcoin Cash and Litecoin, but there are currently well over 1,000 different cryptocurrencies that have been created for various purposes. Cryptocurrencies are widely traded through online exchanges.

"Goodmans has deep experience in capital markets and in the REIT space. Their service and responsiveness levels are also very high." — Chambers Canada
Goodmans LLP houses a full-service capital markets practice... Among its core strong suits, the group is arguably best known for its strength in SPACs, REITs and IPOs... — The Legal 500 Canada
"The team is very professional, solves problems efficiently and is very hard-working. It is a great pleasure and privilege to work with the team on cross-border transactions and multi-jurisdictional projects." — Legal 500 Canada
"It is one of our trusted and preferred legal firms when we go to select specific counsel. It is a leader in capital markets, and we trust the group's view and know that it works well." — Chambers Canada
A prominent player in REITs and SPAC-related offerings, also bearing an impressive record in cross-border and cannabis-related matters. — The Legal 500 Canada
Clients note, "They have an exceptional ability to understand the root of the issue and figure out realistic, step-by-step approaches to solve problems." — Chambers Canada
A distinguished practice valued for advising major REITs and financial institutions on innovative capital markets transactions. — Chambers Canada
On the Capital Markets group, one client says, "deep strength and expertise at all levels...nothing can replace stability and the fact that I have worked with Goodmans on both sides of the table since the early 2000’s." — Legal 500 Canada
One interviewee reported, "The Goodmans team as a whole is excellent," adding: "The lawyers are very responsive and get the job done. It is of great assurance to have them as our legal advisers." — Chambers Canada
Clients comment Goodmans Capital Markets team has "Deep experience, based upon decades of leadership in the sector." — IFLR1000
A client notes, "The lawyers that I have worked with at Goodmans are extremely professional, knowledgeable, creative and excellent service providers. The matters that we have worked on were extremely complicated and required high level of ability to combine understanding of our business objectives with legal analysis." — IFLR1000
Clients note the team's "institutional knowledge is very deep" and stated: "It's like they're part of the team they work with. They're extremely responsive." — Chambers Global

Insights

Client Updates

October 21, 2025 Capital Markets

Pre-Budget Consultations by The Coalition to Support Investment in Canada

On August 27, 2025, The Coalition to Support Investment in Canada made written submissions in response to the Canadian government’s 2025 pre-budget consultations. The submissions seek to foster…
Articles

October 15, 2025 Capital Markets

The Going Public Alternative

Since 2023, publicly listed Canadian senior living companies1 have generated strong returns for investors and have been some of the best performing issuers in Canada’s public real estate sector. With…
Client Updates

September 09, 2025 Capital Markets

Successful Exercise of Dissent Rights Reaffirms Importance of Transaction Price

In a rare example of a successful exercise of statutory dissent rights, a group of shareholders dissenting from a court-approved merger recently obtained a fair value determination five times above…
Client Updates

September 02, 2025 Capital Markets

CSA Embraces Well-Known Seasoned Issuer Program in NI 44-102 Amendments

On August 28, 2025, the Canadian Securities Administrators (CSA) announced amendments to National Instrument 44-102 – Shelf Distributions (“NI 44-102”). The changes harmonize and make permanent (with…
Client Updates

August 05, 2025 Capital Markets

Alberta Securities Commission Provides Reasons for Cease Trading Tactical Shareholder Rights Plan in Re Greenfire Resources

The Alberta Securities Commission (ASC) released the reasons for its recent order cease trading a tactical shareholder rights plan adopted by Greenfire Resources Ltd. (“Greenfire”) to prevent a…
Client Updates

July 04, 2025 Capital Markets

Modernizing NI 43-101: CSA Propose Sweeping Reforms to Mining Disclosure Standards

On June 12, 2025, the Canadian Securities Administrators (CSA) released for public comment a proposed repeal and replacement of National Instrument 43-101 – Standards of Disclosure for Mineral…

View All Insights

Practices

Industries

Cryptocurrency in Canada, Practical Law Canada

Allan Goodman

Michael Partridge

Site Search

Cryptocurrency in Canada, Practical Law Canada

Expertise

Authors

Insights

Featured Work

News & Events