CARF does not just send transaction data to SARS. It sends machine-readable, structured data that SARS’s systems can reconcile directly against your tax return. If you bought R1 million of Bitcoin and sold it for R1.5 million, CARF records the buy date, the sell date, the rand amounts and your tax file number. SARS can […]
CARF went live in South Africa on 1 March 2026. As of that date, every FSCA-licensed Bitcoin exchange must report every client’s transactions to SARS automatically, and SARS exchanges that data with tax authorities in 50+ countries through the OECD’s information-sharing framework. It is the largest structural change in Bitcoin tax transparency since FSCA licensing […]
The 2026 National Budget, delivered on 25 February 2026, included a single sentence that fundamentally changes the regulatory framework for Bitcoin in South Africa. The Finance Minister announced that crypto assets will be brought under the capital flow management framework, effective immediately. This is not a ban. It is not a tax increase. Until this […]
SimplB Vault is a multi-signature custody product designed for investors holding R500,000 or more in Bitcoin. It addresses a specific problem that exchange custody does not solve: how to hold a large Bitcoin position in a way that no single entity, including SimplB, can move unilaterally. This article explains what multi-signature custody is, how SimplB […]
SimplB focuses exclusively on Bitcoin. This focus is not an accident or a limitation. It reflects a deliberate decision that for South African investors prioritising regulatory clarity, custody infrastructure, and tax compliance, Bitcoin-only is the coherent choice. This article makes the intellectual case for Bitcoin-only as a strategy, not as a dismissal of other crypto […]
Bitcoin is a bearer asset. This single fact, more than any other property of Bitcoin, shapes how it should be held, managed, and planned for across every dimension of an investor’s life. A bearer asset is property where possession and control equal ownership. There is no register, no title deed, no central authority that confirms […]
What happens to Bitcoin in a South African divorce has almost no quality public information despite being one of the most-searched Bitcoin questions in local online communities. The answer depends on your matrimonial property regime. For couples married in community of property, Bitcoin acquired during the marriage forms part of the joint estate and is […]
A South African with a R10 million life insurance policy and R5 million in Bitcoin faces a structural estate coordination problem that most insurance agents and estate planners do not address. The life policy is designated to specific beneficiaries. It pays directly to them, outside the estate, bypassing probate and estate duty. The Bitcoin, if […]
The two-pot retirement system, implemented in September 2024, gives South African retirement fund members the right to withdraw one amount per calendar year from their “savings pot” without triggering any tax penalty or surrender charge. The withdrawal is simply transferred to your bank account, and you can use it for anything you choose. Many Bitcoin […]
South African company directors can now hold Bitcoin as a treasury asset with clear accounting and tax frameworks in place. The International Accounting Standards Board amended IAS 38 in 2024 to allow Bitcoin to be measured at fair value with gains recognised in profit or loss, and the JSE adopted that guidance. The decision is […]