Report Your Crypto Payments, South Africa Revenue Service Warns Businesses.
Failure to declare payments from any form of cryptocurrency business can attract penalties upto to jail term according to South African Revenue Service SARS. All cryptocurrency transactions must be declared on tax returns, whether you bought any cryptocurrency, or exchanged…
Kenya Clamps Down Crypto Trading Platform FXBitInvest.
Kenya’s Capital Market Authority ( CMA) has warned investors to desist from investing with FXBitInvest, an online cryptocurrency trading platform. CMA, the independent Kenyan government capital market licensing, monitoring and regulatory body noted that Ponzi like promises by FXBitInvest of…
Binance Announces New P2P Payment Options for African Countries.
One of the leading cryptocurrency exchange platforms, Binance has introduced new P2P payment channels for African countries to provide easier options and manage risks security issues. Binance P2P has now added Moov Money, Orange Money, MTN Mobile Money and Tigo Money…
Searching For a Job in Cryptocurrency ?
Do this to have an edge. Follow this Morgan Smith of CNBC tips to stand out. If you’ve ever been curious about digital money, bitcoin billionaires or NFTs, now is the perfect time to apply for a cryptocurrency job. Interest…
NGO (Non Governmental Organization) to Use Cryptocurrency Vouchers for Aid Delivery in Kenya, Ethiopia.
International humanitarian organization CARE has launched pilot programs in Ethiopia and Kenya to test how blockchain and cryptocurrency technology might improve aid delivery to women and women’s groups in particular. The projects will distribute cryptocurrency-based vouchers that can be redeemed for goods…
What is the Effect of US Infrastructure Bill On Cryptocurrency ?
Over the past week, discussions among cryptocurrency users and industry experts centred a great deal, on how US infrastructure bill’s target to introduce series of taxations on cryptocurrency operations will affect cryptocurrency ecosystem. The bills seeks to make cryptocurrency brokers,…
CNN Ventures Into Non Fungible Token (NFT)
Set to Drop Vault by CNN Today. CNN, the Time Warner Cable news network announced that it will be opening it’s archives to digital collectors starting today, August 12 at 1:pm ET. Among other videos, it will feature videos of…
On the Sporting Scene; Messi to Receive Part of his New PSG $35 Million in Fan Token.
According to Reuters report, soccer star Lionel Messi’s signing on fee at Paris St Germain includes some of the French club’s cryptocurrency fan tokens, in the latest big name endorsement of new digital asset. The Argentine, 34, left Spanish side…
The Biggest Crypto Heist; Poly Network Hackers Ready To Return Loot.
The invisible poly network hacker who stole over $600 million cryptocurrency funds has announced his willingness to return the loot. According to Etherscan, at about 4:00 am UTC, on Wednesday, the hacker sent an Ethereum transaction to themselves stating that…
Nigeria’s Former Senate President Calls For Fintech Expansion, Job Creation.
Former governor of Kwara State and past senate president, Dr. Abubakar Bukola Saraki, said that, with over 33.3 per cent or 23 million of Nigeria’s working-age population out of work, Nigeria must begin to look into how to create more…