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Crypto Regulation in Victoria

Legal

Melbourne emerging as blockchain tech hub. Same federal crypto regulation as NSW. Victoria has blockchain strategy initiatives.

Region: Oceania

Tax Information

Capital Gains (Personal)
Up to 45% + Medicare levy
Capital Gains (Corporate)
25-30%
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
ASIC + AUSTRAC
Framework
Corporations Act + AML/CTF Act
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000
Reviewed: 2026-03-01medium

Frequently Asked Questions

Is crypto legal in Victoria?
Cryptocurrency is currently classified as "Legal" in Victoria. Melbourne emerging as blockchain tech hub. Same federal crypto regulation as NSW. Victoria has blockchain strategy initiatives.
What is the crypto tax rate in Victoria?
In Victoria, the personal capital gains tax on crypto is Up to 45% + Medicare levy, and the corporate tax rate is 25-30%.
Do I need a crypto license in Victoria?
Yes, a crypto license is required in Victoria. The regulator is ASIC + AUSTRAC under Corporations Act + AML/CTF Act. Estimated licensing cost: varies.
Is crypto mining legal in Victoria?
Yes, crypto mining is legal in Victoria. Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Victoria?
KYC requirements for crypto businesses in Victoria are not clearly defined.