Chiara
Thu Jun 06 2024
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5 answers
881
Is Australia crypto legal?｜Various cryptocurrency networks have also implemented smart or self-executing contracts. These are .permitted in Australia under the Electronic Transactions Act 1999 (Cth) (ETA) and the equivalent Australian state and territory legislation
Could you please clarify for me? Is cryptocurrency considered legal in Australia? I've read that different cryptocurrency networks have implemented "smart" or self-executing contracts. Are these contracts allowed in Australia? If so, does the legality of these contracts fall under the Electronic Transactions Act 1999 (Cth) (ETA) and its corresponding state and territory legislations? I'm just trying to understand the regulatory framework surrounding cryptocurrencies in Australia. Thank you for your assistance.
