Read the latest legal news, updates and commentary from the offices of Simon Dippenaar & Associates.
How is cryptocurrency taxed in South Africa and elsewhere? Do you own cryptocurrency? Do you know what your tax liability is? The unprecedented growth in the use of cryptocurrency around the globe has led many economists, policymakers and private investors to wonder about the cryptocurrency taxation implications and regulation. Crypto exists outside of the conventional […]
What to do if your crypto is hacked and how to prevent it Bitcoin and other cryptocurrencies are gaining traction rapidly as a legitimate investment and as currency. Experts disagree on how to classify cryptocurrency. But whether you consider it an asset to hold or a currency to spend, it is digital money. Like other […]
We sort the truth from the misinformation Cryptocurrencies were introduced in 2009 with Bitcoin and have been gaining in availability and popularity ever since. The novelty of crypto and its opaque nature have led to the emergence of some cryptocurrency myths and misconceptions. Which beliefs are true and which are driven by ignorance or fear? […]
What is the legal framework in South Africa for cryptocurrency? Bitcoin, Litecoin, Ethereum, Monero…what do they all have in common? They are all cryptocurrencies. You’ve probably heard of Bitcoin. Many people think Bitcoin and cryptocurrency are the same thing, but in fact Bitcoin is just one type of cryptocurrency. Cryptocurrency is a digital payment system […]
An introduction to cryptocurrency Cryptocurrency, or “crypto” hit the headlines in 2009, when Bitcoin launched, but its origins can be traced back to the 1980s, when it was called cyber currency. An American cryptographer called David Chaum invented digital cash, which relied on cryptography to secure and verify transactions, but the requisite protocols and software […]
Attorneys are flocking to the crypto industry as it matures and manages its regulatory obligations In the US, the crypto currency industry is ramping up its legal presence, poaching attorneys from law firms and other crypto companies, according to a recent article in the Wall Street Journal. We see this as good news for the […]
