Australian government officials have published draft legislation titled Treasury Laws Amendment Bill 2026: Tax information reporting. The proposed law establishes measures to automatically exchange cryptocurrency tax records with other nations. Public comments on the draft text remain open until October.
The release was reported on October 15, 2026, by staff editors Felix Ng and Yohan Yun. Australia is one of 77 jurisdictions that have agreed to adopt the OECD Crypto-Asset Reporting Framework. Participating countries plan to conduct their initial international exchanges of tax information in 2028.
At the time of the announcement, market figures showed Bitcoin trading at $82,355.59 and Ethereum at $2,445.57. Other prices included Cardano at $0.2301, Monero at $552.18, and Solana at $105.59.
For traders with open perpetual positions, this proposal changes nothing directly regarding funding rates, trading fees, or contract liquidity. The draft legislation deals solely with regulatory reporting and global tax transparency. It contains no provisions that alter derivative market costs or execution mechanics.
Source: cointelegraph — Australia releases draft bill to adopt OECD crypto tax reporting framework