Australia

Australia's stance on cryptocurrencies, such as Bitcoin, is that they are legal and can be used for the payment of goods and services. There are no specific laws or guidelines that prohibit their use. However, it is important to note that cryptocurrencies are treated as property in Australia, and as such, they are subject to capital gains tax regulations.

Businesses that accept cryptocurrency payments are required to keep records of these transactions. These records should include details such as the date of the transaction, the value of the transaction in Australian dollars (which can be obtained from a reputable online exchange), the purpose of the transaction, and information about the other party involved, even if it's just their digital wallet address.

Although cryptocurrencies are recognized for their potential in facilitating payments, they are not considered legal tender in Australia. This means that businesses are not obligated to accept them as a form of payment.