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Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures. Go to Source Powered by WPeMatico
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country. Go to Source Powered by WPeMatico
This reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets. Go to Source Powered by WPeMatico
According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal. Go to Source Powered by WPeMatico
The Act aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. Go to Source Powered by WPeMatico
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media. Go to Source Powered by WPeMatico
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment. Go to Source Powered by WPeMatico
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. Go to Source Powered by WPeMatico
Nigeria’s crypto community celebrates the approval of the national blockchain policy, set to impact governance, digital identity management and e-payments. Go to Source Powered by WPeMatico
Nigeria’s federal executive council has approved the national policy on blockchain to help the country develop a regulatory framework to govern the adoption of the technology. Go to Source Powered by WPeMatico
