OTTAWA — The Canada Revenue Agency is clawing back $54 million in suspected unpaid taxes tied to cryptocurrencies and is looking into hundreds of crypto investors as it slowly begins cracking down on digital currencies.

In an interview Monday, Sahil Behal, a director general of CRA’s compliance branch, said the agency has roughly 400 ongoing audits or examinations related to crypto assets.

A director general of CRA’s compliance branch said the agency has roughly 400 ongoing audits or examinations related to crypto assets.{ai:summary}Canada Revenue Agency pursuing $54 million in unpaid taxes linked to cryptocurrencies. Investigating hundreds of crypto investors in crackdown. #economy

'Drop in the bucket': CRA clawing back $54 million in unpaid crypto taxes last year, investigating hundreds more

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