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The Executive Chairman of the Federal Inland Revenue Service (FIRS) , Dr. Zacch Adedeji, announced that the Federal Government is set to introduce new tax laws by September, which will include regulations for the cryptocurrency industry. Speaking on Saturday at the FIRS 2024 Stakeholders Engagement with the Senate and House of Representatives Committees on Finance
Popular Cryptocurrency billionaire, Linus Williams, widely known as Blord, has been granted bail after three days in police custody. Controversial self-acclaimed social media activist, VeryDarkMan made this known in a post shared on his Instagram page on Friday. DAILY POST reports that VeryDarkMan had days ago announced Blord’s arrest over allegations of fraud and terrorism
Police Arrest Popular Influencer, BLord For Crypto Fraud, Terrorism Financing. The suspect is famously known as a crypto billionaire who always flaunts his luxurious lifestyle via his social media platforms. The Nigerian Police Force has confirmed the arrest of a popular social media influencer, Linus Williams, commonly known as BLord. The suspect is famously known
Following the removal of restrictions on banks operating accounts for virtual assets such as cryptocurrencies, the Central Bank of Nigeria has instructed financial institutions in the country not to allow holders of crypto bank accounts to withdraw cash or issue a third-party cheque. In a guideline published by the apex bank, issuance of third party
Financial services behemoth Fidelity investments has opened access to a wait list for its bitcoin trading offering, according to its website. Users can express interest in the product, offered by its subsidiary Fidelity Digital Assets, by signing up on the firm’s web page. The product will waive commission fees, an attempt to compete with popular
The Central African Republic (CAN) has adopted Bitcoin as legal tender, making it the first country in Africa to do so and the second globally after El-Salvador. This was contained in a statement released on Wednesday by Obed Namsio, chief of staff to President Faustin Archange Touadera. Namsio confirmed that the president had signed a bill into
The Central Bank of Nigeria, CBN who recently was flagged for for plagiarising eNaira policy document has once again gone all out to hunt Nigerians who seem to be trading on Cryptocurrency. So many accounts of individuals are being blocked and asked to explain the reasons for the steady inflow in their accounts. The apex bank headed
Access Bank and Gtbank have been trending for the wrong reasons today as they have started blocking the account of their customers that have traces of cryptocurrency transactions. You’d recall that CBN had placed a ban on cryptocurrency and asked banks to block accounts with cryptocurrency related. In furtherance to that, Gtbank and Access bank have
Buying Bitcoin at the right time has turned people into millionaires – but as the cryptocurrency soars in value yet again it’s also attracted and awful lot of criminals keen to use it to rip people off – here’s how to make sure you’re buying the real thing. But such stellar performance has also
Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday and posted tweets that appeared to promote a cryptocurrency scam. The accounts, along with those of former President Barack Obama, Kanye West, Warren Buffett, Jeff Bezos and Mike Bloomberg, posted similar tweets soliciting donations via Bitcoin