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Big News from Australia!
An Australian judge has officially ruled that Bitcoin$BTC is "money" under the law!
This historic decision could mean that Bitcoin$BTC transactions may no longer be subject to Capital Gains Tax (CGT) in Australia — a major win for crypto holders and traders!
Why it matters:
Until now, Bitcoin $BTC was treated like property, making every transaction potentially taxable. But this new ruling recognizes Bitcoin as a legit medium of exchange, just like regular currency.
Could this decision set a global precedent?
The crypto world is watching closely!
What do you think — should Bitcoin be considered real money worldwide?
Let’s discuss in the comments!
#CryptoNews #Bitcoin #Australia #CryptoTax #Blockchain #BitcoinIsMoney #CryptoUpdate #RozgaarLink #Code4Crypto
An Australian judge has officially ruled that Bitcoin$BTC is "money" under the law!
This historic decision could mean that Bitcoin$BTC transactions may no longer be subject to Capital Gains Tax (CGT) in Australia — a major win for crypto holders and traders!
Why it matters:
Until now, Bitcoin $BTC was treated like property, making every transaction potentially taxable. But this new ruling recognizes Bitcoin as a legit medium of exchange, just like regular currency.
Could this decision set a global precedent?
The crypto world is watching closely!
What do you think — should Bitcoin be considered real money worldwide?
Let’s discuss in the comments!
#CryptoNews #Bitcoin #Australia #CryptoTax #Blockchain #BitcoinIsMoney #CryptoUpdate #RozgaarLink #Code4Crypto
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