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SOL $81.42 (-4.35%)
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BCH $555.62 (-1.81%)
ADA $0.27 (-2.98%)
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HYPE $28.45 (-4.03%)
CC $0.17 (+0.55%)
LINK $8.58 (-3.20%)
XMR $327.52 (-1.91%)
XLM $0.16 (-3.09%)
RAIN $0.01 (-3.02%)
ZEC $264.41 (-8.37%)
HBAR $0.10 (-2.47%)
LTC $53.19 (-1.74%)
AVAX $8.85 (-3.53%)

Angola vs Australia

Crypto regulation comparison

← Back to map | Angola | Australia
Angola

Angola

Australia

Australia

No Data
Legal

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Cryptocurrency is legal and well-regulated in Australia. AUSTRAC oversees AML/CTF compliance for exchanges, ASIC handles consumer protection, and the ATO treats crypto as property for tax purposes. Australia has been developing a comprehensive licensing framework for digital asset platforms.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 0-45%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator ASIC, AUSTRAC, ATO
Stablecoin Rules -
Stablecoin Rules Stablecoins to be regulated under proposed payments framework legislation
Key Points

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Key Points
  • Digital currency exchanges must register with AUSTRAC and comply with AML/CTF Act
  • ATO treats cryptocurrency as a CGT asset; holding for 12+ months qualifies for 50% discount
  • ASIC regulates crypto products that qualify as financial products under the Corporations Act
  • Treasury released a token mapping consultation in 2023 to classify digital assets
  • Proposed licensing regime for digital asset platforms under development
Sources

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Sources