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Bitcoin Transaction Fees Surge Over 32% Last Week Driven by Runes Transactions

Bitcoin transaction fees have experienced a significant increase, rising by over 32% last week. This surge has resulted in miners earning an impressive $5 million in fees, as reported by IntoTheBlock data. The primary catalyst behind this escalation is the substantial rise in transactions involving Runes, a Bitcoin token standard that enables users to create Crypto Potato

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South Africa Strengthens Compliance Efforts Targeting Crypto Taxpayers

South Africa strengthens compliance efforts targeting crypto taxpayers, as the South African Revenue Service (SARS) announces the integration of crypto assets into its comprehensive compliance programs. This strategic move aims to enhance the detection and reporting of undeclared cryptocurrency holdings, ensuring taxpayers adhere to South African tax laws that mandate the declaration of all income Crypto Potato