Yesterday at BitcoinAlive, the Libertarian Party of Australia formally announced its Bitcoin Policy Whitepaper, outlining a vision for integrating Bitcoin into Australia’s financial and regulatory landscape.
This announcement adds to the growing policy discussions around Bitcoin in Australia, and the world, following recent international developments such as the U.S. government’s establishment of a Strategic Bitcoin Reserve and the 33 U.S. states with similar legislation progressing through their legislatures.
The policy proposes:
✅ Legal recognition of Bitcoin as a financial asset
✅ Self-custody protections to ensure individuals can manage their Bitcoin without government interference
✅ Removal of capital gains tax (CGT) on everyday Bitcoin transactions
✅ A Strategic Bitcoin Reserve (SBR) to hedge against inflation
✅ Support for Bitcoin mining with equal access to energy markets
✅ Regulatory clarity to foster innovation and business adoption
The Australian Bitcoin Industry Body (ABIB) supports open and constructive dialogue on Bitcoin policy and regulation, advocating for frameworks that encourage financial sovereignty, innovation, and economic resilience.
More information can be found here: https://www.libertarians.org.au/bitcoin