Report: Nigeria plans to tax crypto transactions in 2023
Nigeria follows in Kenya’s footsteps to tax cryptocurrency transactions.
Policy
South Africa adds crypto businesses to ‘list of accountable institutions’
Crypto entities join banks, estate agents, and dealers in foreign currency on the list of accountable institutions in South Africa.
The Nigerian government is unwittingly driving crypto adoption
Nigeria's apex bank recently limited cash withdrawals in a display of excessive force. It leaves citizens at the mercy of banks to access their money.
Nigeria SEC to avoid cryptocurrencies in the push for digital assets
The commission will not consider cryptocurrencies despite the interest of a large percentage of citizens.
Central banks need to adopt blockchain technology, says Nigeria’s vice president
He also encouraged Nigerian regulators to develop policies and regulations that foster the development of the crypto and blockchain space
Nigerian blockchain association asks Nigeria’s central bank to review its anti-crypto directive
The association also urged the regulators in the country to adopt a multi-stakeholder engagement strategy to develop progressive policies and regulations.
Namibia’s central bank says bitcoin can be used for payments
The Bank is also looking to develop “progressive” regulation for the use of cryptocurrency in the Southern African country.