Techpoint Africa - Feb 18, 2025
Nigeria to tax cryptocurrency transactions as government tightens digital asset rules
Nigeria is revising its digital asset regulations to include taxation of cryptocurrency transactions. The Central Bank of Nigeria lifted the ban on cryptocurrency transactions in December 2023.
TechCabal - Feb 06, 2025
Nigeria’s SEC to fast-track crypto licencing in 2025
The SEC plans to accelerate the issuance of crypto licenses in 2025 as part of its regulatory efforts. Provisional licenses have been granted to Nigerian crypto startups Quidax and Busha under the ARIP.
TechCabal - Dec 30, 2024
Top 5 blockchain use cases in Nigeria you should know about
Quidax's spokesperson states businesses are no longer afraid to work with them. Regulations are being developed to create a conducive environment for blockchain innovation.
Techpoint Africa - Nov 11, 2024
6 best crypto exchanges in Nigeria
Nigeria ranks second globally for crypto adoption. Nigeria received approximately $59 billion in cryptocurrency value between July 2023 and June 2024.
TechCabal - Sep 03, 2024
Banks and fintechs remain wary of Crypto despite new licences
Nigeria's SEC has issued crypto licenses to Busha and Quidax. Banks and fintechs are still hesitant to engage in crypto-related activities.