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bitcoin newsSep 6, 2024

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

Edited by Steinar Vigdel Kolnes, Editor, Oslo

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…

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 […]

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