Nigeria’s tax watchdog proposes comprehensive crypto bill

Nigeria’s tax watchdog proposes comprehensive crypto bill

The Federal Inland Revenue Service’s initiative to regulate cryptocurrency and update tax laws reflects a broader trend in Nigeria toward embracing and managing digital assets. Source link

Focus On Nigeria’s Maritime Sector, Commodities+Cryptocurrency Market  |Business Morning|

Focus On Nigeria’s Maritime Sector, Commodities+Cryptocurrency Market |Business Morning|

#Focus #Nigerias #Maritime #Sector #CommoditiesCryptocurrency #Market #Business #Morning source

Nigeria’s SEC warns against trading on Binance

Nigeria’s SEC warns against trading on Binance

The Nigerian Securities and Exchange Commission (SEC) has warned local investors against using one of the world’s largest crypto exchanges, Binance. It refers to the previous circular issued against a fraudulent company illegally…

Here’s what Nigeria’s naira float means for its crypto market

Here’s what Nigeria’s naira float means for its crypto market

On June 14, Nigeria, known for its growing adoption of cryptocurrencies like Bitcoin (BTC), floated its national currency, the naira, allowing banks and other forex market actors to trade it freely. The new policy…

What Does Nigeria’s Blockchain-Friendly Regulatory Change Mean For Bitcoin Adoption?

What Does Nigeria’s Blockchain-Friendly Regulatory Change Mean For Bitcoin Adoption?

This is an opinion editorial by Heritage Falodun, a Bitcoin consultant and computer scientist based in Nigeria. On May 3, 2023, during a federal executive council meeting presided over by President Muhammadu Buhari…

Nigeria’s National Blockchain Policy Greenlighted by the Government

Nigeria’s National Blockchain Policy Greenlighted by the Government

Nigeria’s Federal Ministry of Communications and Digital Economy (FMCDE) has approved the National Blockchain Policy as the country doubles down on creating a blockchain-powered economy. The adoption of the policy by the government…

Nigeria’s Cash Chaos Is Reaching A Boiling Point, Underscoring Need For Bitcoin

Nigeria’s Cash Chaos Is Reaching A Boiling Point, Underscoring Need For Bitcoin

As Nigerians protest over the inability to withdraw cash, it should be clear that the country needs a Bitcoin alternative. This is an opinion editorial by Ray Youssef, a founder and CEO of…

LBank Welcomes Nigeria’s Push to Recognize Crypto as Investment Capital

LBank Welcomes Nigeria’s Push to Recognize Crypto as Investment Capital

Nigeria has put forward a significant legislation design that will further facilitate cryptocurrency adoption in the country with over 200 million inhabitants. Why this matters: If the Investments and Securities Act, 2007 (Amendment)…

Inside Nigeria’s Ambitious Push of Cashless Society, eNaira CBDC

Inside Nigeria’s Ambitious Push of Cashless Society, eNaira CBDC

Nigeria’s push to adopt digital currency and move towards a cashless society shifted into high gear on December 6, when the country’s central bank announced a cap on cash withdrawals, either over the…

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