Australians who manage their superannuation holdings see a 4% decrease in cryptocurrency holdings.
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Australians who manage their own superannuation funds have seen a 4% decrease in their cryptocurrency holdings compared to last year, Cointelegraph reported. Citing data from the Australian Taxation Office, the outlet reported that, "As of June 2020, cryptocurrency holdings in self-managed superannuation funds (SMSFs) amounted to AUD$3.02 billion, a decrease of approximately AUD$100 million from the previous year (AUD$3.12 billion). However, the outlet explained, "The June 2020 figure was based on tax returns filed on June 30th of that year, while this year's figure is based on May, so it may not accurately reflect the actual figures."
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