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In Israel, for instance, crypto mining is treated as a business and is subject to corporate income tax. Even though there is no single piece of legislation that regulates crypto-assets in South Africa, there are various statutes that impose legal obligations on their holders, including the Income Tax Act of and the Exchange Control Regulations of , which references the Currency and Exchanges Act of Contact us now to schedule a consultation , or call to discuss your cryptocurrency and blockchain technology concerns. What is cryptocurrency? By using the content, you agree that the information on this content does not constitute legal, financial or any other form of professional advice.
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