Bitcoin has solidified itself as a new asset class, often compared to gold due to its store-of-value properties, but with enhanced features like greater portability and divisibility. Despite short-term volatility, Bitcoin’s long-term trajectory has been marked by significant gains, driven by macroeconomic factors, institutional adoption, and positive regulatory shifts which are all set to continue.

Section 12J investors who are exiting their investments this year, will be liable for capital gains tax, even if the investment didn’t generate a return.

As investors exit Section 12J investments this year, they face substantial capital gains tax obligations, even in cases where their investments did not yield any returns. This stems from the fact that all capital returned upon exit – including any profits – is subject to capital gains tax.

While many cryptocurrency sceptics were convinced the day would never come, the adoption of Bitcoin by major financial institutions and state governments underscores a turning point in cryptocurrency’s path to mainstream acceptance.

The cryptocurrency landscape is becoming increasingly treacherous, particularly for centralized exchanges, which have become prime targets for sophisticated cyberattacks. One of the most pressing threats is social engineering, a tactic that exploits human vulnerabilities rather than technical flaws.

Over the past 12 months, Jaltech has successfully completed four Section 12B solar fundraises, with the latest bringing the firm closer to its ambitious goal of deploying R1 billion within the commercial solar sector.