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BSCN·2026-08-03 19:54

Nigeria brings crypto profits into the tax net with first detailed guidelinesNigeria's Revenue Service (@NigeriaRevenue) has issued its first comprehensive framework for taxing virtual assets, dated July 31, covering gains from selling or swapping crypto plus income from mining, staking, airdrops, and token rewards across everything from Bitcoin to NFTs.The rules require anyone paid in crypto to book the market value as taxable income, force exchanges and other VASPs to register and report, and apply existi ...

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