Wednesday September 18, 2024

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders

by Terence Zimwara September 6, 2024 1 min read

(Originally posted on : Bitcoin News )

The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals limited investment but restricting companies. SARS Using AI to Track Down Tax Dodgers South African […]

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