US EditionREGULATION | South Africa Could Unlock ~$30 Million in Tax Revenue in 5 Years by Modernizing Crypto Rules, Says Luno
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REGULATION | South Africa Could Unlock ~$30 Million in Tax Revenue in 5 Years by Modernizing Crypto Rules, Says Luno
South Africa has a major opportunity to boost government revenue, attract institutional capital, and strengthen its regulatory standing by simply updating how it classifies crypto assets. ____________________ TL;DR Reclassifying crypto as onshore could bring in $29.7 million in extra taxes over 5 years Institutional investors are eager but blocked by outdated rules Courts and regulators have opened the door to reform—now policy must follow Lun…
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