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South Africa proposes crypto tax guidance under existing framework

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South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules, seeking public input until Aug. 31.

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Coin Market

US targets Iran’s crypto sector, cites over $100M in oil-linked payments

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The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales.

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BNB Chain activates Pasteur hard fork to strengthen bridge security

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BNB Chain activates the Pasteur hard fork on BSC, closing bridge and validator security gaps while targeting greater transaction capacity.

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Korean bank taps Ripple for payments, Pakistan opens crypto licensing: Asia Express

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Asia’s biggest crypto hubs are locked in a tax-cut arms race, while Ripple will help Korea’s Jeonbuk Bank move money across borders.

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