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3 bitcoin regulations in australia. Cryptocurrency regulations in australia states that it is legal, but those who wish to exchange in cryptocurrency must register with austrac. Australia was actually one of the very first countries in the world to declare bitcoin legal. Australians now have access to a vast number of options when it comes to buying bitcoin for the first time. Bitcoin has been legal in australia since 2013, when the central bank of australia issued an opinion that clearly indicated the legality of the.
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