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Legality of bitcoin by country or territory for a broader coverage related to this topic, see bitcoin. > is bitcoin legal in australia? It has continued to be progressive since its announcement in 2017, where they declared cryptocurrencies were legal and should not fall under the double taxation. Bitcoin exchanges are available all over the world and allow you to trade digital currencies, like bitcoin, for other assets such as conventional money or some of the main bitcoin exchanges in australia include the below. You should seek independent legal, financial and taxation advice about how the information in this video relates to your circumstances before you make any investment decision. Guide to bitcoin trading in australia. In fact, one of the very first countries to join the crypto hype was australia. Bitcoins and other cryptocurrencies are legal in australia since 2017. The legislator specifically stated that bitcoin (and cryptocurrencies that shared its characteristics) should be treated as property and subject to capital. You will trade in the most popular cryptocurrencies, including bitcoin, ethereum, and litecoin along with ripple, bitcoin cash and tether against the aud. The use and trading of bitcoin and other popular virtual currencies are legal in singapore. Any exchange with am australian dollar trading pair will allow you to sell your bitcoin for fiat currency. > how is cryptocurrency taxed?
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There are charts supporting the narrative.
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