South African Tax Authorities Scrutinize Crypto Traders Amid Compliance Uncertainty
South African crypto traders have reportedly started receiving notices from the South African Revenue Service (SARS) indicating that their tax affairs are under review. The revenue collector is gathering information from various crypto-asset exchanges to assess compliance. Traders who fail to provide requested information could face criminal charges under the Tax Administration Act. SARS may […] Powered by...
Understanding Oscillators in Bitcoin Trading: A Technical Analysis Guide
In the realm of bitcoin trading, technical analysis can play a significant role, with oscillators being pivotal tools. Oscillators, developed over decades, assist traders in making informed decisions by analyzing price momentum and market conditions. This article delves into the history and usage of key oscillators leveraged in bitcoin trading. Oscillators and Why They Matter […] Powered by...
Nigerian Regulator Amends VASPs Rules; Threatens Enforcement Against Noncompliant Entities
The Nigerian securities regulator said on June 21 that it had amended the digital asset rules to expand their scope and introduced an accelerated process for onboarding virtual asset service providers. The Accelerated Regulatory Incubation Programme provides VASPs with insights into the Commission’s expectations before they fully commence operations. Regulator Threatens Enforcement Action Against Non-Compliant […] Powered by...
Parfin Creates New Blockchain to Be Used as Privacy Solution for Brazilian CBDC
Parfin, a financial technology company, has created a new blockchain system to be used as a privacy solution for the Brazilian CBDC, drex. Rayls, the new blockchain, will offer the possibility of operating in a permissioned way and also linking itself to other public blockchains using Rayls Public Chain, a native Ethereum layer two (L2). […] Powered by...
Google Search Processed a Billion DMCA Takedowns in Four Months
Google started keeping track of all incoming DMCA takedown notices at the beginning of the last decade. In the spring of 2012, Google formally launched its Transparency Report, sharing details on all copyright-related removal requests, including the targeted links and their senders. In the years that followed, the DMCA takedown volume steadily increased. When it eventually hit a plateau a few years ago, we theorized that Google’s...
