Tag: Senator Bragg

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Australia’s tax agency won’t clarify its confusing, ‘aggressive’ crypto rules

November 24, 2023

The Australian Tax Office’s new rules on DeFi are unclear on whether capital gains taxes apply to liquid staking and transferring to layer 2 bridges. Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions.…
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Aussie crypto companies keen to embrace regulations says senator

November 2, 2021

Australia Senator Andrew Bragg says local crypto founders are keen to embrace regulation in a bid to propel the digital asset sector into the mainstream. Australian Senator for New South Wales Andrew Bragg has asserted that robust regulations would “bring credibility and validity” to the country’s emerging digital asset sector. Speaking to local publication Finder…
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