Claims circulating online that Australia plans to scrap its longstanding 50% capital gains tax discount for cryptocurrency investors and replace it with an inflation-based system are not supported by reality.

The Australian Tax Office continues to apply the 50% CGT discount to individuals who hold crypto assets for more than 12 months before selling. That policy has not changed, no official announcement has signaled its removal, and the supposed replacement framework does not appear to exist in any credible form.

What the current rules actually say

If you buy Bitcoin, Ethereum, or any other digital asset and sell it within 12 months, your profit is taxed at your full marginal income tax rate. Those rates range from…