Crypto
Undeterred by the turmoil hitting crypto, the Central African Republic (CAR) -- one of the poorest and most troubled countries in the world -- has unveiled plans to launch its own digital currency. On April 27, Touadera's office abruptly announced that the CAR had adopted Bitcoin as legal tender alongside the CFA franc, a currency the country shares with five other central African economies.
Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. After sinking to $18,740 on Saturday, Bitcoin rose to $18,941 at 1550 GMT, down eight percent from Friday.
The South African Revenue Service has been able to find tax evaders by accessing information from third party data sources both locally and internationally.
The South African Revenue Service will tax cryptocurrency profits and have published regulations online with guidelines for how taxation will be applied in SA.
Sandile Shezi, the self-proclaimed millionaire bitcoin handed himself in to the police and is scheduled to appear at the Randburg Magistrate's court on Thursday
29-year-old Sandile Shezi has been issued with an arrest warrant by the South Police Services for allegedly scamming two men of more than one million rand.
South African brothers Raees Cajee and Ameer Cajee maintain that cryptocurrency platform Africrypt was hacked and they did not disappear with investors' funds.
A church has gone the way of crypto in receiving money. The church now has a Bitcoin wallet. In a viral picture, the wallet address was seen on the tv screen.
AFRICRYPT came with several juicy offers but ended up scamming its customers. How did it happen and who are the brains behind it? Here are facts to note.
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