BTC $67,457.00 (+1.47%)
ETH $1,946.45 (-0.25%)
XRP $1.41 (-0.14%)
BNB $609.03 (+0.87%)
SOL $83.56 (+2.86%)
TRX $0.29 (+1.79%)
DOGE $0.10 (+0.95%)
BCH $554.34 (+0.95%)
ADA $0.28 (+1.67%)
LEO $8.69 (+0.41%)
HYPE $29.46 (+3.78%)
XMR $333.24 (+0.60%)
LINK $8.62 (+0.65%)
CC $0.16 (-1.80%)
XLM $0.16 (+1.16%)
RAIN $0.01 (+0.49%)
ZEC $257.21 (+0.31%)
HBAR $0.10 (+1.40%)
LTC $53.64 (+2.05%)
AVAX $9.11 (+3.69%)

Australia vs Kazakhstan

Crypto regulation comparison

← Back to map | Australia | Kazakhstan
Australia

Australia

Kazakhstan

Kazakhstan

Legal
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.

Kazakhstan has a dual approach to crypto regulation. The Astana International Financial Centre (AIFC) operates as a regulated sandbox where licensed crypto exchanges can operate under AFSA supervision. Outside the AIFC, crypto regulation is more restrictive. Kazakhstan became a major mining hub after China's ban but has since tightened mining regulations.

Tax Type Capital gains
Tax Type Capital gains
Tax Rate 0-45%
Tax Rate 10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator ASIC, AUSTRAC, ATO
Regulator AFSA (Astana Financial Services Authority), NBK (National Bank of Kazakhstan)
Stablecoin Rules Stablecoins to be regulated under proposed payments framework legislation
Stablecoin Rules AIFC (Astana International Financial Centre) has its own framework for digital assets including stablecoins
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
  • AIFC provides a regulatory sandbox for licensed crypto exchanges and businesses
  • Mining is legal and licensed, with a specific tax on electricity consumption for miners
  • Kazakhstan became the world's second-largest Bitcoin mining country after China's 2021 ban
  • 2022 mining crackdown introduced stricter licensing and energy consumption taxes
  • Outside AIFC, domestic crypto payments and exchanges face greater restrictions
Sources
Sources