Crypto Tax in Australia May End : Here’s Why

The post Crypto Tax in Australia May End : Here’s Why appeared first on Coinpedia Fintech News

Australia is known for its crypto-friendly environment, but recent legal developments may completely change how Bitcoin is taxed in the country. Bitcoin Reclassification: Major Legal Update In May 2025, a significant ruling by Victorian Magistrate Michael O’Connell in a Bitcoin theft case suggested that Bitcoin could be recognized as Australian currency, not property. This landmark …