Australia Taxes Cryptocurrency Under Existing Tax Rules

Australia's tax authority considers cryptocurrency as a capital gains tax asset, subject to income tax and capital gains tax rules.

The Australian Taxation Office (ATO) requires investors to report transactions including selling, trading, using, earning through staking, and using crypto in DeFi for the 2025-26 financial year.

Crypto assets are taxed based on type of activity - selling or exchanging can produce a capital gain or loss, while staking and some DeFi activities may create ordinary income.