🇦🇺 New South Wales

Cryptocurrency is legal in New South Wales, Australia, regulated under existing financial and corporate laws including the Corporations Act and AML/CTF Act. ASIC oversees compliance and enforcement related to crypto activities.

Overview

StatusLegal
Risk Score30/100 (Moderate Risk)
Regionasia pacific
CurrencyAUD

Tax

Capital Gains (Personal).
Capital Gains (Corporate).
VAT on CryptoNo
Staking Tax.
Airdrop Tax.

The regulator page does not specify exact tax rates or treatments for crypto activities.

Licensing

RequiredYes
RegulatorASIC + AUSTRAC
FrameworkCorporations Act and AML/CTF Act
Easemedium
CostN/A

Licensing for crypto-related financial services is governed under the Australian Financial Services (AFS) licensing regime, requiring compliance with AML/CTF obligations.

DeFi

Status: regulated

DeFi activities fall under existing financial regulations and must comply with AML/CTF and licensing requirements.

Stablecoins

Status: regulated

Stablecoins are regulated under the Corporations Act and AML/CTF Act, requiring compliance with financial services laws.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity$0.12/kWh
Renewable15%
Infrastructureexcellent

Mining is legal with moderate electricity costs and good infrastructure; renewable energy share is moderate.

Geopolitics

Stabilitystable
SanctionsNo
Corruption Index73/100
Banking Accessopen

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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