Tokenisation of Australian Real Estate

by

Ed.

From cadenalegal.com.au: Tokenisation of real estate in Australia involves converting ownership interests into digital tokens on a blockchain, promising benefits like increased liquidity and fractional ownership.

This innovation poses significant legal and tax complexities, including implications for capital gains tax, income tax, and compliance with financial regulations.

The legal framework is still evolving, necessitating careful consideration for investors engaging in this emerging market.

Filed under: Cryptocurrency, Property, Tech