Vavada Banner
BTC $77,161.00 (-2.17%)
ETH $2,292.42 (-4.46%)
XRP $1.42 (-1.74%)
BNB $632.47 (-1.92%)
SOL $84.64 (-3.70%)
TRX $0.33 (+0.12%)
DOGE $0.10 (-1.95%)
HYPE $40.85 (-0.18%)
LEO $10.28 (+1.31%)
BCH $454.53 (-1.80%)
ADA $0.25 (-2.87%)
XMR $371.07 (-2.25%)
LINK $9.18 (-2.91%)
XLM $0.18 (-2.17%)
CC $0.15 (-1.96%)
M $4.29 (-4.84%)
ZEC $321.75 (-0.63%)
LTC $55.29 (-1.42%)
AVAX $9.20 (-3.39%)
HBAR $0.09 (-2.56%)

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