BTC $67,244.00 (+0.52%)
ETH $1,942.02 (-1.69%)
XRP $1.41 (-1.17%)
BNB $607.44 (-0.41%)
SOL $82.64 (+1.14%)
TRX $0.28 (+1.29%)
DOGE $0.10 (-0.45%)
BCH $559.73 (+0.49%)
ADA $0.27 (-1.01%)
LEO $8.67 (+0.34%)
HYPE $29.45 (+2.65%)
XMR $330.33 (+1.19%)
LINK $8.56 (-1.71%)
CC $0.16 (-2.92%)
XLM $0.16 (-1.18%)
RAIN $0.01 (-3.64%)
ZEC $263.34 (+0.24%)
HBAR $0.10 (-2.07%)
LTC $53.02 (-1.09%)
AVAX $8.90 (-0.12%)

Australia vs Greenland

Crypto regulation comparison

← Back to map | Australia | Greenland
Australia

Australia

Greenland

Greenland

Legal
No Data

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

-

Sources
Sources

-