Crypto Currency

FG imposes 7.5% VAT on crypto transactions

ABUJA (Sundiata Post) – The Federal Government has imposed a 7.5 percent Value Added Tax(VAT) on cryptocurrency transactions. This was made known after KuCoin, a cryptocurrency exchange, says it will commence collection of the transaction fees for users in Nigeria. In a statement on July 3…

Published 11 months ago in 23rd July 2024

By John

FG imposes 7.5% VAT on crypto transactions

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Report: Coinbase Knew of Data Leak Months Before $400M Breach

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