Nigeria moves to tax cryptocurrency as SEC tightens regulations

The Securities and Exchange Commission (SEC) is tightening regulations to ensure that cryptocurrency transactions and other digitized trades are brought under the formal tax system. This effort, aimed at boosting government revenue, represents a strategic shift from previous policies that largely discouraged crypto trading. Now, authorities are looking to tap into the booming digital economy, [...]The post Nigeria moves to tax cryptocurrency as SEC tightens regulations appeared first on Latest Nigeria News | Top Stories from Ripples Nigeria.

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