Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down   coindesk.com 06 August 2024 17:45, UTC In the final stretch of several U.S. congressional primaries, crypto-backed campaign-finance efforts are trying to add to their lists of friendly members of Congress. The industry’s political action committees supported candidates in Tuesday’s primaries in…

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South Africa Faces Crypto Tax Challenges Amid New Regulatory Efforts

South Africa Faces Crypto Tax Challenges Amid New Regulatory Efforts   cryptonewsland.com 06 August 2024 15:37, UTC South Africa approved 138 CASPs, yet unclear tax rules leave crypto traders struggling with compliance issues. Know-your-customer processes expose crypto trades to SARS data collection, affecting past and present transactions. The complex tax status for crypto assets in…

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