Month: September 2021

Crypto Economy Gains 83% in Value Over Last 3 Months, Myriad of Lesser-Known Coins Spike

by

The overall market capitalization of all 10,000+ digital assets has reached a September high of $2.33 trillion as it has risen over 5% on Thursday. The crypto economy hasn’t been at this U.S. dollar value since mid-May or approximately 108 days ago, as the value has increased 83.46% since the crypto economy’s low point on … Read more

South African Tax Body Updates Crypto Tax Guidance, Confusion Persists

by

In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in tax returns. Distinction Between Income and Capital Gains Tax As shown on SARS’ crypto-asset tax … Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

by

The Play-to-Earn NFT based Polker.Game‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play … Read more