Crypto players call for reforms to unlock over R500m in extra tax

Crypto players call for reforms to unlock over R500m in extra tax

Aligning digital asset classification with onshore status could strengthen SA’s position in the fast-evolving digital finance space. South African crypto-currency players are calling for regulatory changes that will see digital currencies being declared onshore assets in the country. They note South Africa’s regulatory grey zone around digital currencies may be holding back significant investment potential….

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