Cryptocurrency and Self-Managed Super Funds: Guidelines and Considerations
: Investing in cryptocurrency can be a high-risk and volatile activity, and self-managed super fund (SMSF) trustees must comply with superannuation laws and regulations when investing in them. This article covers the guidelines and considerations for SMSF trustees interested in cryptocurrency investment. We discuss the regulatory requirements, the risks associated with cryptocurrency investment, the importance of seeking professional advice, and the need to maintain accurate records. By following these guidelines and considerations, SMSF trustees can make informed investment decisions and protect their fund’s complying status.