OKX Banner
BTC $62,033.00 (-3.34%)
ETH $1,762.65 (-3.23%)
BNB $564.34 (-2.52%)
XRP $1.06 (-3.58%)
SOL $74.61 (-3.76%)
TRX $0.33 (-1.78%)
HYPE $63.12 (-6.97%)
DOGE $0.07 (-2.63%)
RAIN $0.01 (-0.67%)
LEO $9.52 (-0.42%)
ZEC $494.59 (-8.30%)
XLM $0.18 (-4.51%)
XMR $323.27 (-2.29%)
LINK $7.85 (-2.76%)
ADA $0.16 (-4.06%)
CC $0.13 (-1.27%)
BCH $234.87 (-4.63%)
GRAM $1.58 (-3.91%)
LTC $43.15 (-3.21%)
USDG $1.00 (-0.10%)

Australia vs New Caledonia

Crypto regulation comparison

Australia

Australia

New Caledonia

New Caledonia

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

-