How would the ATO treat Work Salary converted into Stablecoins

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Bruce4Tax · Answer

Does the ATO advise that I have to pay taxes on the reconversion back to AUD? Not taxable if just used for current spending - but the long you hold it, the more likely you are subject to CGT when it is spent or converted. https://www.ato.gov.au/Individuals/Investments-and-assets/Crypto-asset-investments/Crypto-as-a-personal-use-asset/

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