The South African Revenue Service (SARS) announced in a statement on Friday, April 6, the new tax treatment of digital currencies, obligating citizens to declare any income from trading as well as mining. Disobedience will cost interest and penalties.
The South African Reserve Bank announced on February 13 that it is working with the Brooklyn-based Ethereum startup ConsenSys on a trial program using JP Morgan’s open source blockchain platform Quorum. It will help to deal with interbank clearing and settlement.
The first Blockchain-based augmented reality fantasy game in existence, Augmentors, has announced an ICO of its DataBits crypto tokens (DTB) starting January 30, 2017.