Bitcoin

Parker family says no ransom demand received

No ransom has been demanded for the release of alleged kidnapping victim, businessman Liyaqat Allie Parker. This according to a family spokesperson who said the “the reports are completely untrue”. Earlier on Wednesday, media reports stated that a ransom demand of R50 million in Bitcoin was sent to the family[…]

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Sars clarifies its stance on bitcoin

Taxpayers have to declare cryptocurrency gains or losses as part of their taxable income. The South African Revenue Service (Sars) will continue to apply “normal income tax rules” to cryptocurrencies such as bitcoin and has urged taxpayers to declare cryptocurrency gains or losses as part of their taxable income. The growing[…]

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