Vavada Banner
BTC $74,490.00 (+0.41%)
ETH $2,331.30 (-1.38%)
BNB $616.33 (+0.55%)
XRP $1.36 (+0.06%)
SOL $83.68 (-2.62%)
TRX $0.32 (+1.19%)
DOGE $0.09 (-0.46%)
HYPE $43.62 (-2.21%)
LEO $10.16 (+0.48%)
ADA $0.24 (-2.21%)
BCH $437.78 (+0.58%)
LINK $9.06 (-2.18%)
XMR $345.72 (-0.08%)
ZEC $360.39 (-0.65%)
CC $0.15 (-1.19%)
XLM $0.15 (-0.45%)
M $2.87 (+5.68%)
RAVE $18.63 (+143.77%)
LTC $54.40 (+0.00%)
AVAX $9.34 (-2.02%)

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