Personal use assets and cryptocurrencyCryptocurrency is not a personal use asset if it is kept or used mainly as either: ■an investment■part of a profit-making scheme■in the course of carrying on a business.Cryptocurrency is a personal use asset if you:■acquire and use it within a short period of time■directly exchange it for items you personally use or consume (see example 3).The longer you hold cryptocurrency, the less likely we consider it a personal use asset.In most situations, cryptocurrency is not a personal use asset and will be subject to capital gains. However, limited exceptions apply.Note: Only the capital gains you make from disposing of personal use cryptocurrency acquired for less than $10,000 are disregarded
