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Category: Technology

South Africa Proposes Crypto Tax Guidance Under Existing Framework

South Africa’s Revenue Service has released draft guidance explaining how cryptocurrencies could be taxed under the country’s existing Income Tax Act. The proposal outlines the tax treatment of crypto trading, swapping, spending, and donations while distinguishing between traders and investors based on their intent. The draft remains open for public consultation until the end of […]
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Stablecoin Transactions Hit Record $1.79 Trillion in June, Analytics Show

Stablecoin transaction volume climbed to a record $1.79 trillion in June, surpassing the previous monthly high set in February, according to Visa’s Allium-powered analytics dashboard. The surge came despite the ongoing crypto bear market and reflected growing adoption of stablecoins for payments and cross-border transfers. USDC accounted for the largest share of transaction volume, while […]
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