#Australia has just proposed a new law requiring crypto “books” to be checked, and regulators seem “allergic” to decentralization! Starting in July 2027, platforms will have to report every transaction made by Australian residents to the tax authorities. It’s the era of “your keys, your coins,” but... the taxman’s eyes and ears are everywhere!
The intention is crystal clear: they want to bring crypto flows under traditional regulatory frameworks to collect international taxes. If crypto wants to soar, it’ll have to get past the government’s “knock on the door.”
#AustraliaCrypto
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