Bitcoin News Nigeria, Reporting on Fintech, Bitcoin, Ethereum, Blockchain and Cryptocurrency News in Nigeria


Kenya Set To Tax Cryptocurrency Exchanges.

Share this:

Report from a Kenyan local news outfit revealed that the Kenyan Treasury will start levying taxes on revenues earned by cryptocurrency exchanges used by an estimated 4 million Kenyans.  According to a report by Business Daily Africa, Kenyan authorities will…

Kenya Moves To Create Laws To Tax Crypto.

Share this:

Kenyan legislators are currently deciding whether or not to move ahead on a law that would allow for taxing crypto, Business Daily reported on Monday.The Capital Markets (Amendment) Bill, 2022 would allow for the taxation of crypto exchanges, digital wallets…

Central African Republic Rated Among Top 5 Best Countries With Low Crypto Taxation.

Share this:

In a new study by crypto analytics firm Coincub, Central African Republic is referred to as one of the best country in the world in terms of crypto taxation for residents. That is according to in-house rankings covering taxation aspects…

Tax Officials Raids Crypto Service Providers

Share this:

The Directorate General of GST Intelligence has gone after defaulting Cryptocurrency exchanges operating in India, according sources from the agency. The affected crypto platforms are Wazir X and the GST accused of Massive tax evasion. “Around half dozen offices of…

Elon Musk To Pay Dangote’s Net Worth As Tax in 2021.

Share this:

Elon Musk says his tax bill this year will be $11 billion, The filings he has made with the Securities and Exchange Commission about his recent stock trades back up that massive number. Musk revealed the $11 billion total in…

FIRS Nigeria Strengthens the Electronic Tax Service to Ease the Speed of Tax Administration in the Digital Space.

Share this:

The Federal Inland Revenue Services, FIRS Nigeria had deployed a new electronic tax service (e-services) to automatically process tax payments in Nigeria.  The new electronic tax service will ensure transparency in the tax administration for both tax payers and administrators….