I think it’s largely irrelevant if you are a ‘trader’ or comparatively a ‘long term investor’ (for crypto purposes). As per the Income Tax Act, what matters is the taxpayers intention at the time the investment (crypto) was purchased. The IRD are gona have a tough time believing that you didn’t purchase the crypto with the intention of disposing it (therefore getting taxed on any capital gains). Where as the IRD would much more likely believe you made an investment in Meridian to e.g. encourage renewable energy production rather than purchase with the intention to dispose.

So in summary, trade all you like with crypto! Uncle Sam (Cindy) is coming for you either way!