???????techcabal Daily Evading Crypto Taxes? Bad Idea

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techcabal daily evading crypto taxes bad idea

A new stream of searches for the Meta ray-ban glasses have been driving up the popularity of the hardware. While people are rediscovering the Meta Ray-Ban glassesthat first released in October 2023for its 12 MP ultra-wide camera and integrated AI support for people with low vision, another Meta technology, the Quest 3S, gave the tech community more to ponder.

Designed to blend the real world with the digital world, the new Quest 3S VR headset offers a better in-game experience as it uses the same chipset as the earlier-released Quest 3. On the Snapdragon XR2 Gen 2, load times and processing speeds are faster, yet, one noticeable flaw, according to tech reviews, has shown that Meta used the inferior lenses on the Quest 2 to cut corners on display quality.

However, the Quest 3S is cheaper. Perhaps this is the price you pay for affordability? For 200 less, it looks like it. Meta is just another leap closer to sitting atop the throne in its hot pursuit of capturing major market share in the 4.4 billion mixed reality market.

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RegulationCrypto tax evaders could face jail time, says SARS

South African Revenue Service SARS has warned crypto holders and traders that they could be penalised , or worse, face jail time for failing to declare crypto assets on tax returns.

The tax collector confirmed it has teamed up with the Financial Sector Conduct Authority FSCA, the financial markets regulator, to get information on asset holdings from local exchanges. While exchange platforms like Luno have stated that it shares specific client data only with third-party service providers, it could still be compelled to share information with persistent regulators in South Africa where it received a Virtual Asset Service Provider VASP licence in April.