<ul><li>Australia will impose a 15% tax on unrealized crypto gains over AUD 3M starting July 1, 2025.</li><li>Bitcoin and crypto investors must report and pay taxes on unrealized gains, irrespective of asset sales or volatility.</li><li>Critics warn that the tax on unrealized gains could deter investment and impede market growth, particularly impacting high-net-worth individuals.</li><li>The new tax marks a shift in Australia's tax policy, drawing concerns about its potential effects on investment stability and overall market dynamics.</li></ul>

Australia’s Bold New Crypto Tax: How It Could Affect BTC and Other Cryptos

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