Nigeria’s FIRS Pushes for Comprehensive Crypto Regulation

Nigeria’s FIRS Pushes for Comprehensive Crypto Regulation

Nigeria's Federal Inland Revenue Service (FIRS) is moving to modernize the country's tax system by introducing a comprehensive law aimed at regulating cryptocurrencies. The initiative, driven by FIRS Executive Chairman Zacch Adedeji, was unveiled during a recent engagement with the National Assembly’s Finance Committees. Scheduled for introduction in September, the proposed legislation reflects a broader effort to adapt Nigeria’s tax framework t...

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