🇦🇺 Victoria Subdivision of Australia

Cryptocurrency is legal in Victoria, Australia, regulated under the Corporations Act and AML/CTF Act. ASIC oversees financial services and consumer protection including crypto activities.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regionasia pacific
CurrencyAUD

Tax Information

Capital Gains (Personal)Capital gains are added to assessable income and taxed at marginal income tax rates (0-45% + 2% Medicare levy). A 50% CGT discount applies if the asset is held for 12+ months (individuals and trusts). Marginal rates for 2025-26: 0% (up to A$18,200), 16% (A$18,201-45,000), 30% (A$45,001-135,000), 37% (A$135,001-190,000), 45% (above A$190,000).
Capital Gains (Corporate)Corporate crypto gains are taxed as ordinary income. Standard company tax rate is 30%. Base Rate Entities (aggregated turnover < A$50M and passive income < 80%) pay 25%. Companies are not eligible for the 50% CGT discount.
VAT on CryptoNo
Staking TaxTaxed as ordinary income
Airdrop TaxGenerally taxed as ordinary income at the market value at time of receipt. Exception: tokens received in an *initial* airdrop (where they are free and have no cost base) do not generate ordinary income or a capital gain at the time of receipt — they have a cost base of zero and CGT applies only on disposal.

Crypto is subject to standard Australian tax rules including capital gains tax and income tax on mining and staking rewards. No VAT applies to crypto transactions.

Licensing & Registration

RequiredYes
RegulatorASIC + AUSTRAC + APRA (for stablecoin issuers >A$100M)
FrameworkCorporations Act 2001 (as amended by the Corporations Amendment (Digital Assets Framework) Bill 2025, Royal Assent 8 April 2026) + Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act, expanded from 31 March 2026) + Treasury Laws Amendment (Payments System Modernisation) Bill 2025 (for stablecoins)
Easemedium

Crypto exchanges and service providers must obtain AFSL and comply with AML/CTF regulations enforced by AUSTRAC.

Enforcement Activity

Level: Moderate

Enforcement focused on unlicensed operators and consumer protection

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statusmember_in_good_standing
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities fall under existing financial services laws and AML regulations, requiring compliance with licensing and KYC rules.

Stablecoins

Status: regulated

Stablecoins are regulated under a dual framework: (1) The Treasury Laws Amendment (Payments System Modernisation) Bill 2025 classifies payment stablecoins as stored-value facilities (SVFs), requiring APRA authorisation for issuers holding A$100M+. (2) The Corporations Amendment (Digital Assets Framework) Bill 2025 covers platforms distributing stablecoins. ASIC issued temporary relief (effective 18 September 2025, expiring 1 June 2028) exempting eligible stablecoin distributors from AFSL requirements, with a no-action period until 30 June 2026. 1:1 collateralisation with appropriate reserves required for non-bank issuers. AML/CTF obligations under AUSTRAC apply.

NFTs

Status: no_rules

No specific NFT regulation

Mining

LegalYes
Electricity Cost$0.12/kWh
Renewable Energy15%
Infrastructureexcellent

Victoria has good data center infrastructure and internet connectivity supporting mining operations. Electricity costs are moderate with a growing renewable energy share.

Geopolitical Risk

Stabilitystable
SanctionsNo
Corruption Index73/100
Banking Accessopen

Risk Factors

Victoria/Australia is politically stable with strong rule of law. No OFAC, EU, or UN sanctions. Australia actively participates in international sanctions enforcement alongside US and UK (e.g. joint Evil Corp/Russian cybercrime designations November 2025). Banking access for crypto businesses remains generally open but some banks apply de-risking policies.

Sources

Frequently Asked Questions

Is cryptocurrency legal in Victoria?

Cryptocurrency is legal in Victoria, Australia, regulated under the Corporations Act and AML/CTF Act. ASIC oversees financial services and consumer protection including crypto activities.

What is the FATF status of Victoria?

Victoria is classified by FATF as: member_in_good_standing.

Are VASPs licensed in Victoria?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Victoria?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map

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