Crypto investors on watch as Div 296 legislation moves closer
Vakul Talwar, general manager for Australia at Crypto.com, told SMSF Adviser that the government will need to make clear how the proposed super tax will work for assets like cryptocurrency.
However, Talwar said that despite the uncertainty, there is an increasing number of SMSFs and institutional investors incorporating crypto into their portfolios as part of a broader investment strategy.
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“These options offer flexible, secure ways to participate in the digital asset space, aligned to individual risk profiles and financial goals,” he said.
“There’s an important shift underway – one even crypto sceptics can no longer ignore. More institutions are waking up to…