South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
Submitted by Anonymous (not verified) on Fri, 09/06/2024 - 14:20
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 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 […]