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24/7 NewsAltcoinsNFTPolicy

05:14 August 13, 2022

A Legal Expert Says South Africa’s Digital Asset Tax Regime Poses Challenges to Investors

South Africa is preparing a new tax and financial regulation for digital assets. Still, it will be difficult for investors to prove that their gains or losses are capital due to digital assets' high risk and volatile nature. South Africa has proposed to regulate digital assets and introduce a central bank digital currency to encourage the safe adoption of digital currencies.

Source: CoinGeek


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