Evolving South Africa’s Payment Ecosystem: Enhancing Security in a Complex Landscape
The South African payment ecosystem has become more dynamic and interconnected, enhancing financial inclusion and lowering payment costs. The migration to ISO 20022 is facilitating better communication between financial institutions, but regulatory challenges persist.
Kenya's tax authority to track and tax crypto transactions with real-time tax system
KRA plans to implement a real-time tax system for cryptocurrency transactions. The new system will capture transaction details like date, time, type, and value.
