Author: Clinton Nwachukwu

Charging taxes on profits made from trading or investing in cryptocurrencies has become a trend. It came into full force following the inability of the government to fully restrict cryptocurrency-related transactions in their respective countries. The proliferation of Peer-to-Peer (P2P), especially on crypto exchanges, has helped cryptocurrency enthusiasts bypass these restrictions. In South Africa, the decision of the government to have the final say in crypto-related transactions is taking another dimension with the introduction of SA crypto laws. Full-scale regulations of the country’s crypto market are expected before the end of 2022. This article will show you the actual position…