🚨🇿🇦 South Africa Tightens Crypto Oversight
The South African Revenue Service has activated CARF, bringing crypto holdings and offshore accounts under global tax transparency rules. 🌍📊 This means increased reporting, automatic data sharing, and stricter compliance for investors holding $BTC
BTC
70,199.99
+0.48%
🟡, $ETH
ETH
2,053.02
+1.05%
🔵, and other digital assets. 🛡️ Authorities are aligning with international standards to curb tax evasion and improve financial accountability.