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RE: How will the new cash cap law affect crypto trading in Australia? | Micky
Generally speaking Australia is on of the least anti crypto countries as far as I can tell. We have some easy fiat to crypto options although the other way can be slow. State and federal governments actively looking at various blockchain options. The main concern seems to be anti money laundering/KYC, and of course tax.
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Then you are lucky.
The main concern of the government here is they can not lay hands on the money (you already payed tax over) you invest and might earn a cent over (taxes again). They control everything including your bankaccount and savings.
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