Nigerian crypto tax move is ‘premature’ — Local stakeholders
Industry stakeholders seek clarity regarding the implications of taxation and its connection to the recognition of cryptocurrency and associated procedures.
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92% of Global Respondents Have Basic Knowledge of Crypto: Survey
A joint research conducted by Consensys and YouGov estimated that 92% of the participants are aware of cryptocurrencies. 37% see the asset class as the future money, whereas 26% are…
Binance Issues Cease and Desist Order Against ‘Binance Nigeria Limited’
While Binance is busy fighting a pitched legal battle in the U.S., its alleged woes in another part of the world seem to have been unfounded. Entity Previously Unknown to…
Binance sends cease and desist notice to fraudulent Nigerian entity
This comes after the Nigerian Securities and Exchange Commission released a circular stating the illegality of Binance Nigeria Limited in the country.
Here’s what Nigeria’s naira float means for its crypto market
The move reduces the likelihood of artificial price differences between the naira and cryptocurrencies in different markets.
Nigeria regulator halts Binance operations: Report
According to Nigeria's securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.
Nigeria to tax crypto, digital assets 10% on capital gains — Experts react
The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets.
Nigerian crypto company suspends withdrawals after BTC and naira compromise
Efforts are underway to recover compromised assets and enhance security measures as users express concerns on social media.
IMF sees room for eNaira improvement in first year assessment
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment.
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
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.
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