Nigeria Set to Tax Crypto Transactions, Unlocking Major Revenue Potential

The post Nigeria Set to Tax Crypto Transactions, Unlocking Major Revenue Potential appeared first on Coinpedia Fintech News

In a latest development, Nigeria plans to update its digital asset regulations to tax crypto transactions, according to a Bloomberg report. This change would bring all eligible crypto transactions on regulated exchanges under the tax system, which could generating significant revenue for the country. A bill to create a framework for taxing crypto transactions and …