Is Australia a crypto-friendly country?|Is bitcoin legal in Australia? – YES. The good news is that .investing or trading in cryptocurrencies such as Bitcoin is legal and regulated by the Australian Securities and s Commission (ASIC)
Could you please elaborate on whether Australia holds a favorable stance towards cryptocurrencies? Furthermore, I'm curious to know if Bitcoin is officially recognized and allowed for transactions within the country? I've heard rumors that it's legal and subject to certain regulations enforced by the Australian Securities and Investments Commission (ASIC). Could you confirm this information and provide any additional details on the regulatory framework surrounding cryptocurrencies in Australia?