The Nigeria Revenue Service published guidelines requiring cryptocurrency exchanges and P2P marketplaces to withhold, report and remit taxes on digital asset transactions.
IMF said that stablecoins have become a meaningful cross-border payments channel in Nigeria while testing monetary and regulatory frameworks. U.S. dollar-pegged tokens reduce payment friction but
TL;DR: Ripple identified Turkey, Nigeria, and the UAE as priority markets for the global expansion of its stablecoin RLUSD. Stablecoin transaction volume reached $33 trillion in
TL;DR: USDT adoption in Nigeria is proving to be resilient, as demonstrated by a viral video of streamer iShowSpeed shopping in the African nation. The footage
TL;DR NTAA 2025 links crypto transactions to TINs and NINs so tax authorities can track activity in real time. TINs are issued for tax compliance, while
TL;DR RedotPay partners with Ripple to allow Nigerian users to convert cryptocurrencies into naira and receive funds directly in local bank accounts within minutes. The platform
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