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…

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…
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Crypto Currency

Taxing the intangible: A critical analysis of the NRS guidelines on taxation of virtual assets 

Nigeria’s regulatory posture towards virtual assets has softened considerably in recent years. From the Central Bank of Nigeria’s initial restrictions on banks dealing in cryptocurrency, through to the licensing framework introduced by the Securities and Exchange Commission and the recent tax reforms, the regulatory landscape has progressively moved towards formalisation rather than prohibition.  …

Nigeria’s regulatory posture towards virtual assets has softened considerably in recent years. From the Central Bank of Nigeria’s initial restrictions on banks dealing in cryptocurrency, through to the licensing framework introduced by the Securities and Exchange Commission and the recent tax reforms, the regulatory landscape has progressively moved towards formalisation rather than prohibition.  …
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Crypto Currency

Hackers breach govt webmail while running parallel crypto fraud

The Jewelbug hacker group has been carrying out espionage operations targeting governments and militaries while also engaging in cryptocurrency fraud. …

The Jewelbug hacker group has been carrying out espionage operations targeting governments and militaries while also engaging in cryptocurrency fraud. …
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Crypto Currency

PUMPCHANGE: The Charity Meme Coin Platform Built to Give, Not Just to Gain

The post PUMPCHANGE: The Charity Meme Coin Platform Built to Give, Not Just to Gain appeared first on Coinpedia Fintech News Meme coins run on a simple logic, one that shapes most of cryptocurrency: get in, get out, get rich faster than the next person. Every chart…

The post PUMPCHANGE: The Charity Meme Coin Platform Built to Give, Not Just to Gain appeared first on Coinpedia Fintech News
Meme coins run on a simple logic, one that shapes most of cryptocurrency: get in, get out, get rich faster than the next person. Every chart…
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Crypto Currency

XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued

XRP surges 22% to $1.30 on macro tailwinds. Breakdown of key resistance, support levels, and why traders are eyeing early-stage plays like Bitcoin Hyper. The post XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued appeared first on Cryptonews…

XRP surges 22% to $1.30 on macro tailwinds. Breakdown of key resistance, support levels, and why traders are eyeing early-stage plays like Bitcoin Hyper.
The post XRP Price Prediction: 22% Rally, But Ripple Still is Undervalued appeared first on Cryptonews…
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