Australia Introduces New Tax on Unrealized Crypto Gains: What You Need to Know. By ChainFabricNews

Image source: Coin Edition Starting July 1, 2025 , a major change has arrived for crypto investors in Australia. The government has introduced a new capital gains tax (CGT) rule that affects individuals with over $3 million AUD in assets—including digital assets like Bitcoin, Ethereum, and other cryptocurrencies . But what makes this tax different from before? It’s not just about the gains you make when you sell. Now, the Australian Taxation Office (ATO) wants to tax “unrealized gains” —which means even if you haven't sold your crypto, you could still owe tax on the increase in its value. Let’s break it down and see what this means for crypto holders. What Are Unrealized Gains? Imagine you bought 5 Bitcoin a few years ago for $20,000 AUD each. Today, they’re worth $100,000 AUD each—but you haven’t sold them. In the past, you wouldn't owe any tax until you actually sold the coins. Under this new rule, if your total assets (including crypto, property, shares, etc.) exceed $3 mi...