The South African Revenue Service (SARS) has announced the inclusion of crypto assets in its compliance program. The Revenue Service is seeking information about crypto users from the Financial Sector Conduct Authority (FSCA) and crypto asset service providers. SARS said recently that it felt compelled to take this step after noticing that taxpayers had failed to declare crypto assets and transactions in their tax returns. According to the statement, South African law requires SARS to account fo...
The Ethereum EVM Object Format (EOF) improvement proposal has been included in the Pectra hard fork and is expected to be executed later this year or early next year. The EOF proposal is a series of smaller changes designed to make a major overhaul of the Ethereum Virtual Machine (EVM), the Ethereum core programming environment. EOF will make smart contracts more developer-friendly, especially for those building decentralized applications using the Solidity or Vyper programming languages. This s...