November 8, 2024

Rise To Thrive

Investing guide, latest news & videos!

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

1 min read
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
South Africa Leverages AI to Track Down Tax-Dodging Crypto TradersThe 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 […]