Australia is cracking down hard on the crypto industry. A new bill requires trading platforms to report all crypto transactions by Australian residents to the tax office starting in July 2027, and introduces international tax information sharing. It’s another sign of a global crackdown on tax evasion. Don’t expect Australia to give anyone a free pass—the cost of compliance will eventually be passed on to users. What’s coming is coming, so keep your private keys and tax affairs in order.

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