BTC $66,395.00 (-1.68%)
ETH $1,947.79 (-2.26%)
XRP $1.42 (-3.58%)
BNB $604.89 (-2.08%)
SOL $81.42 (-4.23%)
TRX $0.28 (-1.28%)
DOGE $0.10 (-2.11%)
BCH $555.61 (-1.78%)
ADA $0.27 (-2.80%)
LEO $8.52 (-1.88%)
HYPE $28.55 (-3.72%)
CC $0.17 (+0.93%)
LINK $8.58 (-3.11%)
XMR $328.47 (-1.53%)
XLM $0.16 (-2.93%)
RAIN $0.01 (-2.71%)
ZEC $264.92 (-8.09%)
HBAR $0.10 (-2.21%)
LTC $53.19 (-1.59%)
AVAX $8.85 (-3.39%)

Australia vs Togo

Crypto regulation comparison

Australia

Australia

Togo

Togo

Legal
No Regulation

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.

Togo has no specific cryptocurrency regulation. As a WAEMU member, it falls under BCEAO oversight.

Tax Type Capital gains
Tax Type None
Tax Rate 0-45%
Tax Rate N/A
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator ASIC, AUSTRAC, ATO
Regulator BCEAO (Central Bank of West African States)
Stablecoin Rules Stablecoins to be regulated under proposed payments framework legislation
Stablecoin Rules No stablecoin regulation
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
  • No specific national cryptocurrency legislation
  • BCEAO provides regional monetary oversight
  • Part of the WAEMU monetary zone using the CFA franc
  • Limited crypto adoption
  • No licensing framework for crypto businesses