Articles for tag: crypto regulations, cryptocurrency tax, Digital Currency, financial oversight, investor protection, Nigeria, SEC Nigeria

February 19, 2025

Nigeria to Tax Crypto Industry: New Licensing Regulations for Cryptocurrency Exchanges Explained

The Nigerian government is moving towards taxing cryptocurrency transactions to boost revenue, with a new tax framework bill expected to be approved soon. The Securities and Exchange Commission (SEC) is working on establishing a formal taxation system for crypto transactions on regulated exchanges while also aiming to issue more licenses to these platforms. This initiative ...

January 23, 2025

Market News

Crypto

Do You Need to Declare Bitcoin and Cryptocurrency Profits on Your Self Assessment Tax Return? Find Out Now!

As the January self-assessment tax return deadline approaches in the UK, it’s crucial to understand who needs to file. While primarily associated with the self-employed and those with multiple income sources, anyone with income from rentals, dividends, or side hustles may also need to submit a return. Notably, cryptocurrency trading profits, including earnings from Bitcoin, ...