The South African Revenue Service (SARS) has released a draft guide on the taxation of crypto assets, inviting public comments by August 31, 2026. The guide addresses the legal and tax implications of crypto assets, their uses, and related income tax consequences, including donations. It also outlines compliance requirements, record-keeping, tax prepayments, income tax returns, and disclosure obligations. SARS has established a specialized unit to enhance oversight of the digital economy, with a focus on cryptocurrency revenue augmentation. This move is part of a broader strategy to monitor and audit specific markets, with digital asset trading being a key area of interest.