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australia ๐ฆ๐บ crypto nation 31% hodl 1,800 atms!? taxed as property, capital gains lmao income tax. 2025 btc australian currency?? exempt gains tax? ATO lag
australia crypto-friendly nation? 31% holding digital assets?? 1,800 crypto ATMs ๐ฆ๐บ?! taxed as property triggering capital gains and income tax ๐?! 2025 court ruling on Bitcoin as "
brooo, australia goin' full crypto mode ๐ฆ๐บ๐ capital gains, income tax, court rulings, ATO policies all up in the air… institutional interest climbin' tho ๐ธ๐ hodl
Australia is a crypto-friendly nation with 31% of citizens holding digital assets and 1,800 crypto ATMs ๐ฆ๐บ. Crypto is taxed as property, triggering capital gains and income tax. A 2025 court ruling may classify Bitcoin as "Australian currency," potentially exempting it from capital gains tax. The tax landscape is evolving, with the ATO yet to update its policies based on the court decision. Institutional interest in crypto is rising in Australia, with major financial institutions embracing digital assets ๐.
https://altcoin.observer/will-bitcoin-be-free-from-tax-in-australia-challenges-the-ato-cryptography-policy-to-legal-decision/
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