Your cryptocurrency donations can be tax deductible! Oxfam Australia is a Deductible Gift Recipient, so will provide you with a tax receipt when you provide your email address. The Australian Taxation Office considers cryptocurrency as an asset, so in some situations your donation will not be subject to capital gains and will be tax deductible. We recommend speaking to a tax specialist about your specific situation and the tax deductibility benefits that apply to you - based on where you live and pay tax.