Tag: South Africa
South Africa’s SARS to Apply Normal Income Tax Rules to Cryptocurrencies
The South African Reserve Service (SARS) has announced that it will be applying normal income tax rules to cryptocurrencies. In an announcement released by the…
South Africa’s Hawks Investigate Bitcoin Scam Involving Thousands of Victims
South Africa’s crime police unit is reportedly investigating a scam involving bitcoin that may have impacted thousands of citizens. In a report from Business Tech,…
Slightly More Financial Breathing Room May Warrant New Bitcoin Boom in South Africa
Things are slowly unraveling in South Africa, despite somewhat good news being announced today. All charges of fraud against the country’s finance minister have been…
South African Regulators Take Baby Steps Towards Embracing Bitcoin
Governments and policymakers are usually not for Bitcoin by any stretch of the imagination. In South Africa, however, regulators are taking a positive stance towards…
RLabs’ mToto Project to Crowdfund-Raise with Bitcoin
The Cape Town based South African incubator, RLabs has recently launched a new crowdfunding product called mToto. As a bitcoin based crowdfunding platform, mToto leverages…
BitX Adds Nigeria as Its Leading Bitcoin Market of the Emerging World
BitX, the Singapore based Bitcoin exchange with offices in Cape Town, South Africa and Jakarta, Indonesia has announced its entry to the Nigerian market. Its…
