Crypto
Nigeria pushes to unify crypto regulation, revise tax guidelines
Nigeria is moving to overhaul cryptocurrency regulation and taxation. President Bola Tinubu signed an executive order aimed at reducing fragmented oversight of digital assets and strengthening cooperation among financial, revenue and capital market authorities. The order includes creating a virtual assets committee to coordinate policy among major regulators. Authorities said it does not create a new regulator or shift powers between agencies. Nigeria also plans to update digital asset tax policy and provide further details on taxpayer impacts.
