OKX Banner
BTC $79,674.00 (+1.05%)
ETH $2,484.31 (-0.37%)
BNB $707.75 (+0.70%)
XRP $1.42 (+1.25%)
SOL $106.57 (+5.22%)
TRX $0.34 (+1.24%)
HYPE $83.04 (+2.59%)
DOGE $0.09 (+0.56%)
ZEC $787.67 (+0.97%)
RAIN $0.02 (-1.45%)
LINK $11.69 (+1.32%)
XMR $464.08 (+5.33%)
LEO $9.44 (+1.55%)
ADA $0.21 (-0.20%)
XLM $0.18 (+0.30%)
BCH $263.74 (-1.06%)
CC $0.11 (-3.84%)
GRAM $1.39 (-0.30%)
LTC $49.17 (-1.56%)
HBAR $0.08 (-0.12%)

Angola vs Australia

Crypto regulation comparison

← Back to map | Angola | Australia
Angola

Angola

Australia

Australia

No Data
Legal

-

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

-

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

-

Sources
OKX Banner