The Australian Taxation Office (ATO) has released updated guidance for Crypto asset investments. This is worthwhile reading for serious cryptocurrency investors and traders.
How to treat investments in crypto assets (also called crypto or cryptocurrency) for tax purposes in Australia.
ATO Updated Crypto Guidance: https://www.ato.gov.au/individuals-and-families/investments-and-assets/crypto-asset-investments
Kind regards
The CoinPort Exchange Team