SARS is coming after these taxpayers in South Africa hard in 2026
SARS has published its Draft Guide to the Taxation of Crypto Assets, laying out clearly how it’s coming after these kinds of trades.
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SARS has published its Draft Guide to the Taxation of Crypto Assets, laying out clearly how it’s coming after these kinds of trades.
‘We are not lenient; we apply the rules and the requirements strictly to ensure that we get the right calibre of participants into the system and to protect financial customers’ – Diketso Mashigo, head of licensing at the Financial Sector Conduct Authority.
Stems from the ‘lack of a complementary and full regulatory framework’, which is currently not possible.
‘It’s unreasonable just to push the reward narrative without shining a spotlight on the risk that’s involved’ – Sihle Tuta of PrimeXBT discusses the importance of client education and responsible participation in online trading.
Carel de Jager, uitvoerende hoof van Silver Sixpence, gesels oor kripto in Amerika.
‘We’ve seen almost $165 billion of investment flowing into US-based exchange-traded funds. Much of that could have been invested in emerging markets like South Africa,’ says Marius Reitz, GM for Africa and Europe at Luno.