Tag: cryptocurrency
Proposed Cryptocurrency Law To Define CBN’s Roles –Reps
Chairman of the House of Representatives Committee on Capital Market and Institutions, Babangida Ibrahim, has disclosed that the chamber will soon pass a law that ... Read More
Nigerian Government Set To Tax Cryptocurrency, Other Digital Assets
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has announced that there is a provision to tax cryptocurrency and other digital assets ... Read More
India Announces Bill To Ban Cryptocurrencies
India’s government will introduce a bill to ban private cryptocurrencies and create a framework for a central bank-backed digital money, parliament said in a shock ... Read More
Cryptocurrency Fraud: More Evidence Against Oladeji Henry And Wife
The trial of a couple, Oladeji and Omotayo Henry, alongside their company, Built Global Concepts, for an alleged N555M cryptocurrency fraud will continue on 13 ... Read More
Ukraine Legalizes Cryptocurrencies
The legislation is based on the existing standards developed by the intergovernmental policy-making organization, Financial Action Task Force on Money Laundering (FATF). Read More
Is Cryptocurrency Legal In Nigeria? – Actions Towards The Regulations Of Cryptocurrency In Nigeria By Josephine Uba and Olisa Agbakoba
In response to the CBN's instruction, banks have begun to identify and deactivate accounts of people having cryptocurrency exchange inflows/outflows. It is unclear if impacted ... Read More
U.S. Govt Trains 50 Nigerian Investigators To Combat Cryptocurrency Fraud
Cryptocurrencies are digital or virtual currencies such as Bitcoin and Ethereum and others, that can be used to buy goods and services. Read More