ChainCatcher latest news, the Australian Taxation Office (ATO) recently said that it will increase monitoring of cryptocurrency gains before the end of the fiscal year on June 30. According to Adam Saville-Brown, general manager of crypto tax reporting software Koinly, the ATO has been paying close attention to the cryptocurrency field in recent years, and this year is no exception.

Michelle Legge, head of tax education at Koinly, further stated that the ATO has revised its crypto data matching program to collect data from 2014 to 2026 from all crypto exchanges operating legally in Australia. Whether investors use Binance, Bitcoin Base, CoinSpot or other websites, the ATO can collect relevant data.

It is understood that the ATO expects the program to collect information from 1.2 million crypto investors each year, including names, addresses, emails, and even social media accounts and IP addresses. Adam said that although most Australian crypto users know their tax filing obligations, the program "may catch a few remaining investors who fail to comply."