Nigeria Moves to Tax Cryptocurrency Transactions
Nigeria is amending regulations to tax cryptocurrency trading and digitized transactions. The SEC is drafting new rules to ensure transactions on regulated exchanges are taxed.
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Nigeria Prepares for Comprehensive Tax Reform, Including Cryptocurrency Regulation
The Nigerian government plans to introduce new tax legislation by September 2024, including regulations for the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) aims to streamline revenue administration and simplify tax laws.
Nigeria’s Love-Hate Relationship With Crypto Deepens With Backing Amid Bashing
The Securities and Exchange Commission (SEC) in Nigeria is poised to license cryptocurrency exchanges, signaling a turning point in the country's crypto landscape. Nigeria's government has previously taken a restrictive approach to cryptocurrencies, but the licensing of crypto exchanges suggests a r
Nigeria to introduce new tax laws regulating cryptocurrency by September 2024
The Nigerian government is set to introduce new tax laws, including regulations for the Nigerian crypto industry, by September 2024. The FIRS plans to overhaul the revenue administration process and simplify tax laws.
