Speaker
Description
The rapid adoption of digital assets has revolutionised the global financial landscape, bringing new opportunities and challenges. In South Africa, digital asset adoption has surged,
driven by economic factors and a tech-savvy population. However, this growth has outpaced regulatory development, particularly around tax compliance. This paper proposes a
conceptual model aimed at addressing the non-compliance issues among crypto asset holders. The model incorporates advanced mechanisms for visualising crypto address interactions and generating crypto tax Non-Fungible Tokens as a verification tool. By mapping and monitoring crypto transactions, the model provides regulatory bodies with enhanced tools to track, verify and enforce tax obligations transparently and efficiently.
