Coinatory

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... cryptonews

Nigeria's Finance Minister Urges SEC to Strengthen Cryptocurrency Regulations Nigeria’s Finance Minister, Wale Edun, has advocated for robust cryptocurrency regulations, emphasizing the need for comprehensive oversight as the country introduces its newly inaugurated Securities and Exchange Commission (SEC) board. Edun's call for action was reported by local media, highlighting the complexities and rapid pace of the cryptocurrency sector. He stressed that stringent oversight is essential to maintain the integrity of Nig... Nigeria's Finance Minister Urges SEC to Strengthen Cryptocurrency Regulations