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I was trying to highlight that Crypto in Australia was already a...

  1. 237 Posts.
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    I was trying to highlight that Crypto in Australia was already a legal payment vehicle. Yes you are right, I was wrong, it is not technically "Legal Tender", as it would need to be classified as a currency under the Financial Transactions Reporting Act 1988 first to qualify. In summary, Crypto can be used as a legal form of payment (if someone is willing to accept them), but they are not classified as "legal tender".
 
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