What is Ethereum? A 2026 Guide for Australians

Ethereum is a public blockchain for smart contracts; Ether (ETH) is the native coin used for fees and staking under proof of stake. In Australia ETH is generally a CGT asset, and buying ETH with AUD happens through an AUSTRAC-registered virtual asset service provider. Education only — not financial advice. Publisher: Eagle BTM Pty Ltd ACN 659 281 820 (AUSTRAC DCE / VASP).

Ethereum explained for Australians in 2026: ETH vs the Ethereum network, smart contracts, proof of stake, ATO CGT basics, and how buying ETH with AUD actually works.