Government has no issue with crypto investment, says Australian minister
The Australian government has stated that it doesn’t have any problems with cryptocurrency investments. It believes the asset class will grow in importance over the coming years.
Government considers crypto a good asset class
The cryptocurrency market has gained acceptance from several corporate entities over the past few months. The growth of the market has also seen some governments recognize cryptocurrencies as a strong asset class.Senator Jane Hume stated that the Australian government doesn’t have any problem with cryptocurrency investment. “We take no issue with consumers investing in cryptocurrencies,” she said. Even so, the minister added that cryptocurrency transactions are subject to Australian law. In fact, she pointed out that the government remains on alert about tax evasion possibilities.
“But like investment in any asset class, they are subject to Australian law, including our market conduct, know-your-client and tax laws. It is not a free pass,” Hume added. In addition, she indicated that the government has accepted that cryptocurrencies are here to stay and considers them to be an excellent asset class.
Despite her enthusiasm and acceptance of cryptocurrencies, the minister warned investors to be careful of how they invest in the crypto market. She reminded investors that crypto prices are highly volatile, and they should be cautious of how they approach them.
Cryptocurrencies have become a strong asset class
Bitcoin and a wide range of other cryptocurrencies have become a strong asset class over the past few years. In recent months, companies such as MicroStrategy, Tesla, and Square have added bitcoins to their balance sheet.According to some experts, cryptocurrencies are a store of value and help hedge wealth against inflation. A store of value is a category of asset, commodity, or currency that can be saved, retrieved, and exchanged in the future without losing value.
Several factors have contributed to an increrase in BTC investments. Notably, the Coronavirus pandemic has led to more retail and institutional investors storing their wealth in BTC and other cryptocurrencies.
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
