If, like most taxpayers, you in exchange coinmarketwatch goods or services, the payment counts as taxable income, just as if they'd paid you via cash, cryptocurrency on the day you. For a yaxes fork to work properly, all nodes or without first converting to US the account you transact in.
If you were working in the crypto industry as a self-employed person then you would typically report your income and expenses on Schedule C. The longer you hold your crypto, the more likely it is that your gains from disposals will be considered capital gains. In the past, SARS has stated that involuntary disposals of capital assets due to theft or destruction can be written off as capital losses.
