Bitcoin has surged to an all-time high of $80,000, setting a new record just days after the 2024 US election. Reaching its peak on Sunday, this milestone supports analysts’ predictions that the crypto asset could surpass $100,000 by the end of the year.
Crypto participants will be required to submit weekly and monthly trading statistics to the SEC, providing the commission with access to the billion-dollar industry. The SEC’s initiative aligns with Nigeria’s efforts to implement a 7.5 percent value-added tax (VAT) on crypto transactions.
In a statement signed by Lucky Uwakwe Arisukwu, the chairman of the body, the inter-community working group expressed concern over the extended legal battle with the global crypto exchange platform Binance. This conflict, they argue, threatens to damage the nascent Nigerian blockchain industry.
while the ban on TapSwap presents a setback for Nigerian cryptocurrency users, it also serves as a catalyst for innovation and adaptation
Starting January 29, 2024, Google has decided to allow advertisers dealing with Cryptocurrency Coin Trust to showcase their products