Australia | Crypto

Australia now taxes crypto as property, with capital gains on swaps, DeFi and wrapped tokens, plus new ATO data sweeps targeting 1.2 million users. Australia is one of the world’s most crypto-aware nations, with over 31% of citizens owning digital assets and nearly 1,800 crypto ATMs across the country. Crypto is currently taxed as property in Australia, triggering capital gains tax (CGT) on disposal and income tax on mining, staking or payments. A May 2025 court ruling may challenge the status quo, suggesting that Bitcoin could be classified as “Australian currency,” potentially exempting it from CGT. Read more

Visa and Chainlink have completed a key milestone in the Hong Kong Monetary Authority’s (HKMA) e-HKD+ Pilot Programme, successfully testing a cross-border blockchain transaction using central bank digital currency (CBDC) and stablecoins. The trial, conducted in partnership with ANZ, ChinaAMC, and Fidelity International, is one of the first real-world simulations of programmable money being used […] The post Visa, Chainlink successfully complete CBDC, stablecoin swap between Hong Kong, Australia appeared first on CryptoSlate.