South African retail bank Capitec restricts customers from sending funds to crypto exchanges
Capitec Bank blocks EFTs and payments to cryptocurrency exchanges. Capitec's decision is aimed at protecting clients from fraud.
South Africans Now Required to Declare Crypto Assets as SARS Expands Tax Compliance
SARS includes crypto assets in its compliance programs. Over 5.8 million South Africans hold cryptocurrency.
South African Revenue Service mulls adding crypto assets to compliance programmes
SARS includes crypto assets in compliance programs. Taxpayers are urged to disclose cryptocurrency transactions.
South African online shoppers kick against adjustment to new tax regulation
South African Revenue Service (SARS) and Customs will implement new rules on small online orders coming into the country effective July 1, 2024. Online shoppers in the country are kicking against the regulation, calling for its abolition.
