Profits and income derived from virtual asset transactions are now subject to taxation under Nigeriaβs new tax laws, following the […]
Continue readingTag Archives: Cryptocurrency
Nigerians Now Hold $59 Billion In Cryptocurrency Assets β FDC
Nigerians have accumulated an estimated $59 billion in cryptocurrency holdings, according to data released by Financial Derivatives Company (FDC) Limited […]
Continue readingNigeria Records Over $50 Billion Crypto Transactions In One Year β SEC DG
Nigeria witnessed cryptocurrency transactions exceeding $50 billion between July 2023 and June 2024, according to the Director-General of the Securities […]
Continue readingTrump Signs 1st Major Federal Cryptocurrency Bill Into Law
President Donald Trump signs the “Genius Act”, which will develop regulatory framework for stablecoin cryptocurrencies and expand oversight of the […]
Continue readingTrumpβs Cryptocurrency $TRUMP Meme Coin Skyrockets From $1.5 To $70 In 48 Hours
The $TRUMP meme coin, launched by US President-elect Donald Trump on Friday with an initial price of $1.5, has seen […]
Continue readingNigerian SEC Proposes New Law For Crypto Influencers, Defaulters Face Up To 3 Years Inβ―Jailβ―
The Nigerian Securities and Exchange Commission (SEC) under Emomotimi Agama has proposed a new law aimed at combating the issue […]
Continue readingJUST-IN: Court Convicts Crypto Firm Over Unlicensed USDT-Naira Trading, Transfers N140 Million To FG
The Federal High Court in Abuja has convicted a Nigerian crypto dealing company, Official Gredo Limited, for illegally conducting USDT […]
Continue readingFLASH: Government Bans Workers From Mining Tapswap, Notcoin, Other Crypto Trading During Work Hours
GISTSMATE MEDIA reports that the Federal Teaching Hospital, Gombe, Gombe State, has prohibited its staff members from trading cryptocurrency during […]
Continue readingBinance Sets Two Conditions Before βRegisteringβ Under Nigeriaβs SEC Crypto Program
The cryptocurrency trading platform Binance has outlined two conditions that must be met before it can consider registering under Nigeriaβs […]
Continue readingFLASH: FG Plans New Taxes, Regulation For Cryptocurrency By September
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, announced that the Federal Government is set […]
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