Bitcoin BTC crypto cryptocurrency Australia creates a crypto-monitoring task force and looks to exclude cryptos from foreign currency taxes
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The new unit comes as the AFP has reportedly surpassed its $600 million revenue-raising target two years ahead of schedule, a target that was originally set by the AFP-led Criminal Assets Confiscation Taskforce and was expected to be reached by 2024. “It’s targeting assets, but it’s also providing that valuable, investigative tracing capability and lens for all of our commands across all of our businesses, whether they’re national security-related, child protection, cyber – or the ability to trace cryptocurrency transactions across the relevant blockchains is really, really important,” Jerga said.
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